The Arrow Impossibility Theorem

Language: English

Published by Columbia University Press, US, 2014

0231153287 / 9780231153287

Series: Book 3 of 8 - Kenneth J. Arrow Lectures

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Kenneth J. Arrow's pathbreaking "impossibility theorem" was a watershed innovation 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 Eric Maskin and Amartya Sen explore the implications of Arrow's theorem. Sen considers its ongoing utility, exploring the theorem's value and limitations in relation to recent research on social reasoning, and Maskin discusses how to design a voting rule that gets us closer to the ideal-given the impossibility of achieving the ideal. The volume also contains a contextual introduction by social choice scholar Prasanta K. Pattanaik and commentaries from Joseph E. Stiglitz and Kenneth J. Arrow himself, as well as essays by Maskin, Dasgupta, and Sen outlining the mathematical proof and framework behind their assertions.

Seller Inventory # LU-9780231153287

Title
The Arrow Impossibility Theorem
Author
Eric Maskin, Amartya Sen
Publisher
Columbia University Press, US
Publication year
2014
Condition
New
Binding
Hardback
Language
English
ISBN 10
0231153287
ISBN 13
9780231153287
Series
Book 3 of 8: Kenneth J. Arrow Lectures

Rarewaves USA United

HEBRON, KY, U.S.A.

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AbeBooks seller since June 20, 2025

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