Foundations of Social Choice Theory

Name: Foundations of Social Choice Theory
Brand: Cambridge University Press
SKU: 9780521389136
Price: 4319.00 INR
Availability: InStock

by Jon Elster, Aanund Hylland, Gudmund Hernes

Cambridge University Press

₹4,319

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From the publisher

The essays in this volume, first published in 1986, examine the philosophical foundations of social choice theory. This field, a modern and sophisticated outgrowth of welfare economics, is best known for a series of impossibility theorems, of which the first and most crucial was proved by Kenneth Arrow in 1950. That has often been taken to show the impossibility of democracy as a procedure for making collective decisions.

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