The Arrow Impossibility Theorem (Kenneth J. Arrow Lectures Series) (Kenneth J. Arrow Lecture Series)

by Amartya Sen (Author), Amartya Sen (Author), Eric Maskin (Author), Joseph E. Stiglitz (Author), Kenneth Arrow (Author), Prasanta K. Pattanaik (Author), Prasanta Pattanaik (Author)

• New

  Hardcover
  2014

  $19.41

  Kenneth J. Arrow's impossibility theorem was a watershed in welfare economics, voting theory, and collective choice. This book explores the implications of Arrow's theorem. Amartya Sen considers its value and limitations in relation to social reasoning, and Eric Maskin discusses how to design a voting rule that gets us closer to the ideal.