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Social Choice
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Book Synopsis Social Choice and Individual Values by : Kenneth Joseph Arrow
Download or read book Social Choice and Individual Values written by Kenneth Joseph Arrow and published by Yale University Press. This book was released on 1963-01-01 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: The literature on the theory of social choice has grown considerably beyond the few items in existence at the time the first edition of this book appeared in 1951. Some of the new literature has dealt with the technical, mathematical aspects, more with the interpretive. My own thinking has also evolved somewhat, although I remain far from satisfied with present formulations. The exhaustion of the first edition provides a convenient time for a selective and personal stocktaking in the form of an appended commentary entitled, 'Notes on the Theory of Social Choice, 1963, ' containing reflections on the text and its omissions and on some of the more recent literature. This form has seemed more appropriate than a revision of the original text, which has to some extent acquired a life of its own.
Book Synopsis Collective Choice and Social Welfare by : Amartya Sen
Download or read book Collective Choice and Social Welfare written by Amartya Sen and published by . This book was released on 2018-05-17 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1970, this classic study has been recognized for its groundbreaking role in integrating economics and ethics, and for its influence in opening up new areas of research in social choice, including aggregative assessment. It has also had a large influence on international organizations, including the United Nations, notably in its work on human development. The book showed that the "impossibility theorems" in social choice theory--led by the pioneering work of Kenneth Arrow--do not negate the possibility of reasoned and democratic social choice. Sen's ideas about social choice, welfare economics, inequality, poverty, and human rights have continued to evolve since the book's first appearance. This expanded edition preserves the text of the original while presenting eleven new chapters of fresh arguments and results. "Expanding on the early work of Condorcet, Pareto, Arrow, and others, Sen provides rigorous mathematical argumentation on the merits of voting mechanisms...For those with graduate training, it will serve as a frequently consulted reference and a necessity on one's book shelf." --J. F. O'Connell, Choice
Book Synopsis Social Choice and the Mathematics of Manipulation by : Alan D. Taylor
Download or read book Social Choice and the Mathematics of Manipulation written by Alan D. Taylor and published by Cambridge University Press. This book was released on 2005-05-09 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Honesty in voting, it turns out, is not always the best policy. Indeed, in the early 1970s, Allan Gibbard and Mark Satterthwaite, building on the seminal work of Nobel laureate Kenneth Arrow, proved that with three or more alternatives there is no reasonable voting system that is non-manipulable; voters will always have an opportunity to benefit by submitting a disingenuous ballot. The ensuing decades produced a number of theorems of striking mathematical naturality that dealt with the manipulability of voting systems. This 2005 book presents many of these results from the last quarter of the twentieth century, especially the contributions of economists and philosophers, from a mathematical point of view, with many new proofs. The presentation is almost completely self-contained, and requires no prerequisites except a willingness to follow rigorous mathematical arguments. Mathematics students, as well as mathematicians, political scientists, economists and philosophers will learn why it is impossible to devise a completely unmanipulable voting system.
Book Synopsis Classics of Social Choice by : Iain McLean
Download or read book Classics of Social Choice written by Iain McLean and published by University of Michigan Press. This book was released on 1995 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the centuries an intriguing collection of thinkers have realized that voting and social choice are not straightforward. Yet despite the work of many distinguished contributors in this area, the subject has only become established in the last few decades. Indeed, many earlier writings were lost and their content forgotten, only to be rediscovered later and then forgotten again. This puzzling saga of intellectual history unfolds in Classics of Social Choice through these original writings. The editors have included recently discovered pieces and other major contributions - newly translated where necessary. The introduction explains who each writer was, locates him in a historical context, and analyzes his argument. It was only in the 1940s and 1950s that the theory of social choice was established by Duncan Black and Kenneth Arrow - whose Nobel Prize in Economics was awarded in part for this work. It is now a large and thriving branch of economics and politics. Classics of Social Choice will interest anyone working in social choice theory as well as students of medieval thought, the Enlightenment, and constitutions.
Book Synopsis Mathematics of Social Choice by : Christoph Borgers
Download or read book Mathematics of Social Choice written by Christoph Borgers and published by SIAM. This book was released on 2010-01-01 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematics of Social Choice is a fun and accessible book that looks at the choices made by groups of people with different preferences, needs, and interests. Divided into three parts, the text first examines voting methods for selecting or ranking candidates. A brief second part addresses compensation problems wherein an indivisible item must be assigned to one of several people who are equally entitled to ownership of the item, with monetary compensation paid to the others. The third part discusses the problem of sharing a divisible resource among several people. Mathematics of Social Choice can be used by undergraduates studying mathematics and students whose only mathematical background is elementary algebra. More advanced material can be skipped without any loss of continuity. The book can also serve as an easy introduction to topics such as the Gibbard-Satterthwaite theorem, Arrow's theorem, and fair division for readers with more mathematical background.
Book Synopsis The Theory of Social Choice by : Peter C. Fishburn
Download or read book The Theory of Social Choice written by Peter C. Fishburn and published by Princeton University Press. This book was released on 2015-03-08 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: One fundamental premise of democratic theory is that social policy, group choice, or collective action should be based on the preferences of the individuals in the society, group, or collective. Using the tools of formal mathematical analysis, Peter C. Fishburn explores and defines the conditions for social choice and methods for synthesizing individuals' preferences. This study is unique in its emphasis on social choice functions, the general position that individual indifference may not be transitive, and the use of certain mathematics such as linear algebra. The text is divided into three main parts: social choice between two alternatives, which examines a variety of majority-like functions; simple majority social choice, which focuses on social choice among many alternatives when two-element feasible subset choices are based on simple majority; and a general study of aspects and types of social choice functions for many alternatives. Originally published in 1973. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Book Synopsis A Primer in Social Choice Theory by : Wulf Gaertner
Download or read book A Primer in Social Choice Theory written by Wulf Gaertner and published by Oxford University Press, USA. This book was released on 2006 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This introductory text explores the theory of social choice. Written as a primer suitable for advanced undergraduates and graduates, this text will act as an important starting point for students grappling with the complexities of social choice theory. Rigorous yet accessible, this primer avoids the use of technical language and provides an up-to-date discussion of this rapidly developing field. This is the first in a series of texts published in association with the LSE.
Book Synopsis Welfare Economics and Social Choice Theory by : Allan M. Feldman
Download or read book Welfare Economics and Social Choice Theory written by Allan M. Feldman and published by Springer Science & Business Media. This book was released on 2006-06-14 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the main topics of welfare economics — general equilibrium models of exchange and production, Pareto optimality, un certainty, externalities and public goods — and some of the major topics of social choice theory — compensation criteria, fairness, voting. Arrow's Theorem, and the theory of implementation. The underlying question is this: "Is a particular economic or voting mechanism good or bad for society?" Welfare economics is mainly about whether the market mechanism is good or bad; social choice is largely about whether voting mechanisms, or other more abstract mechanisms, can improve upon the results of the market. This second edition updates the material of the first, written by Allan Feldman. It incorporates new sections to existing first-edition chapters, and it includes several new ones. Chapters 4, 6, 11, 15 and 16 are new, added in this edition. The first edition of the book grew out of an undergraduate welfare economics course at Brown University. The book is intended for the undergraduate student who has some prior familiarity with microeconomics. However, the book is also useful for graduate students and professionals, economists and non-economists, who want an overview of welfare and social choice results unburdened by detail and mathematical complexity. Welfare economics and social choice both probably suffer from ex cessively technical treatments in professional journals and monographs.
Book Synopsis Social Choice Theory by : Jerry S. Kelly
Download or read book Social Choice Theory written by Jerry S. Kelly and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a textbook introducing selected topics in formal social choice theory. Social choice theory studies group choices that are based on information about preferences of members of the group (voting rules being one important special case). This involves economics, which provides the method of modelling individual decision making; political philosophy, which provides criteria about the allocation of decision-influencing power; and game theory, which provides a framework for thinking about the strategies individuals employ in trying to influence the group choice. The goal of this book is to take basic ideas like impossibility theorems, rights exercising and strategy proofness and give the student just enough technical background to be able to understand these ideas in a logically rigorous way. This is done through a set of 250 exercises that constitute the heart of the book and which differentiate this book from all other texts in social choice theory.
Book Synopsis Handbook of Social Choice and Welfare by : Kenneth J. Arrow
Download or read book Handbook of Social Choice and Welfare written by Kenneth J. Arrow and published by Elsevier. This book was released on 2010-10-13 with total page 985 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second part of a two-volume set continues to describe economists' efforts to quantify the social decisions people necessarily make and the philosophies that those choices define. Contributors draw on lessons from philosophy, history, and other disciplines, but they ultimately use editor Kenneth Arrow's seminal work on social choice as a jumping-off point for discussing ways to incentivize, punish, and distribute goods. Develops many subjects from Volume 1 (2002) while introducing new themes in welfare economics and social choice theory Features four sections: Foundations, Developments of the Basic Arrovian Schemes, Fairness and Rights, and Voting and Manipulation Appeals to readers who seek introductions to writings on human well-being and collective decision-making Presents a spectrum of material, from initial insights and basic functions to important variations on basic schemes
Book Synopsis Handbook of Computational Social Choice by : Felix Brandt
Download or read book Handbook of Computational Social Choice written by Felix Brandt and published by Cambridge University Press. This book was released on 2016-04-25 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapidly growing field of computational social choice, at the intersection of computer science and economics, deals with the computational aspects of collective decision making. This handbook, written by thirty-six prominent members of the computational social choice community, covers the field comprehensively. Chapters devoted to each of the field's major themes offer detailed introductions. Topics include voting theory (such as the computational complexity of winner determination and manipulation in elections), fair allocation (such as algorithms for dividing divisible and indivisible goods), coalition formation (such as matching and hedonic games), and many more. Graduate students, researchers, and professionals in computer science, economics, mathematics, political science, and philosophy will benefit from this accessible and self-contained book.
Book Synopsis Theory of Social Choice on Networks by : Wynn C. Stirling
Download or read book Theory of Social Choice on Networks written by Wynn C. Stirling and published by Cambridge University Press. This book was released on 2016-09-22 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly original book challenges social choice theory by arguing for the importance of dynamic preferences and context in understanding important social phenomena.
Book Synopsis Handbook of Social Choice and Voting by : Jac C. Heckelman
Download or read book Handbook of Social Choice and Voting written by Jac C. Heckelman and published by Edward Elgar Publishing. This book was released on 2015-12-18 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook provides an overview of interdisciplinary research related to social choice and voting that is intended for a broad audience. Expert contributors from various fields present critical summaries of the existing literature, including intuitive explanations of technical terminology and well-known theorems, suggesting new directions for research.
Book Synopsis Social Choice and Individual Values by : Kenneth J. Arrow
Download or read book Social Choice and Individual Values written by Kenneth J. Arrow and published by Yale University Press. This book was released on 2012-06-26 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1951, "Social Choice and Individual Values" introduced "Arrow's Impossibility Theorem" and founded the field of social choice theory in economics and political science. This new edition, including a new foreword by Nobel laureate Eric Maskin, reintroduces Arrow's seminal book to a new generation of students and researchers."Far beyond a classic, this small book unleashed the ongoing explosion of interest in social choice and voting theory. A half-century later, the book remains full of profound insight: its central message, 'Arrow's Theorem, ' has changed the way we think."--Donald G. Saari, author of "Decisions and Elections: Explaining the Unexpected "
Book Synopsis Social Choice and Democratic Values by : Eerik Lagerspetz
Download or read book Social Choice and Democratic Values written by Eerik Lagerspetz and published by Springer. This book was released on 2015-11-26 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive overview and critique of the most important political and philosophical interpretations of the basic results of social choice, assessing their plausibility and seeking to identify the links between the theory of social choice and the more traditional issues of political theory and philosophy. In this regard, the author eschews a strong methodological commitment or technical formalism; the approach is instead based on the presentation of political facts and illustrated via numerous real-life examples. This allows the reader to get acquainted with the philosophical and political dispute surrounding voting and collective decision-making and its links to social choice theory.
Book Synopsis Foundations of Social Choice Theory by : Jon Elster (red.)
Download or read book Foundations of Social Choice Theory written by Jon Elster (red.) and published by CUP Archive. This book was released on 1986 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1986, this volume of essays offers an examination of the philosophical foundations of social choice theory, in its context as the outgrowth of welfare economics. The essays advance both criticisms and suggestions for alternative approaches.
Book Synopsis The Arrow Impossibility Theorem by : Eric Maskin
Download or read book The Arrow Impossibility Theorem written by Eric Maskin and published by Columbia University Press. This book was released on 2014-07-08 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kenneth Arrow's pathbreaking Òimpossibility theoremÓ was a watershed in the history of welfare economics, voting theory, and collective choice, demonstrating that there is no voting rule that satisfies the four desirable axioms of decisiveness, consensus, nondictatorship, and independence. In this book, Amartya Sen and Eric Maskin explore the implications of ArrowÕs theorem. Sen considers its ongoing utility, exploring the theoremÕs value and limitations in relation to recent research on social reasoning, while Maskin discusses how to design a voting rule that gets us closer to the idealÑgiven that achieving the ideal is impossible. The volume also contains a contextual introduction by social choice scholar Prasanta K. Pattanaik and commentaries from Joseph E. Stiglitz and Kenneth Arrow himself, as well as essays by Sen and Maskin outlining the mathematical proof and framework behind their assertions.