Handbook of Social Choice and Welfare
Normal Price: $174.95
Your Price: $157.45 AUD, inc. GST
Shipping: $7.95 per order
You Save: $17.50! (10% off normal price)
Plus...earn $7.87 in Boomerang Bucks
Availability: Available to Backorder, No Due Date for Supply
Handbook of Social Choice and Welfare by Kenneth J. Arrow
Book Description"The Handbook of Social Choice and Welfare" presents, in two volumes, essays on past and on-going work in social choice theory and welfare economics. The first volume consists of four parts. In Part 1 (Arrovian Impossibility Theorems), various aspects of Arrovian general impossibility theorems, illustrated by the simple majority cycle first identified by Condorcet, are expounded and evaluated. It also provides a critical survey of the work on different escape routes from impossibility results of this kind. In Part 2 (Voting Schemes and Mechanisms), the operation and performance of voting schemes and cost-sharing mechanisms are examined axiomatically, and some aspects of the modern theory of incentives and mechanism design are expounded and surveyed. In Part 3 (structure of social choice rules), the positional rules of collective decision-making (the origin of which can be traced back to a seminal proposal by Borda), the game-theoretic aspects of voting in committees, and the implications of making use of interpersonal comparisons of welfare (with or without cardinal measurability) are expounded, and the status of utilitarianism as a theory of justice is critically examined. It also provides an analytical survey of the foundations of measurement of inequality and poverty. In order to place these broad issues (as well as further issues to be discussed in the second volume of the Handbook) in perspective, Kotaro Suzumura has written an extensive introduction, discussing the historical background of social choice theory, the vistas opened by Arrow's "Social Choice and Individual Values", the famous 'socialist planning' controversy, and the theoretical and practical significance of social choice theory. The primary purpose of this Handbook is to provide an accessible introduction to the current state of the art in social choice theory and welfare economics. The expounded theory has a strong and constructive message for pursuing human well-being and facilitating collective decision-making. This title advances economists' understanding of recent advances in social choice and welfare. It distills and applies research to a wide range of social issues. It provides analytical material for evaluating new scholarship. It offers consolidated reviews and analyses of scholarship in a framework that encourages synthesis.
Buy Handbook of Social Choice and Welfare book by Kenneth J. Arrow from Australia's Online Bookstore, Boomerang Books.
Book DetailsISBN: 9780444829146
(234mm x 156mm x 37mm)
Publisher: Elsevier Science & Technology
Publish Date: 15-Aug-2002
Country of Publication: United States
Books By Author Kenneth J. Arrow
Social Choice and Individual Values, Paperback (July 2012)» View all books by Kenneth J. Arrow
Introduces Arrow's Impossibility Theorem and founded the field of social choice theory in economics and political science.
» Have you read this book? We'd like to know what you think about it - write a review about Handbook of Social Choice and Welfare book by Kenneth J. Arrow and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)
Author Biography - Kenneth J. Arrow
Kenneth Arrow is the Joan Kenney Professor of Economics and Professor of Operations Research, emeritus; a CHP/PCOR fellow; and an FSI senior fellow by courtesy. He is the joint winner of the Nobel Memorial Prize in Economics with John Hicks in 1972. To date, he is the youngest person to have received this award, at 51. In economics, he is a figure in post-World War II neo-classical economic theory. Many of his former graduate students have gone on to win the Nobel Memorial Prize themselves. His most significant works are his contributions to social choice theory, notably "Arrow's impossibility theorem", and his work on general equilibrium analysis. He has also provided foundational work in many other areas of economics, including endogenous growth theory and the economics of information. He has been co-editor of the Handbooks in Economics series since the mid-1980s.
Phone: 1300 36 33 32 (9am-2pm Mon-Fri AEST) - International: +61 2 9960 7998 - Online Form
Address: Boomerang Books, 878 Military Road, Mosman Junction, NSW, 2088
© 2003-2016. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687