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This volume presents interviews that have been conducted from the 1980s to the present with important scholars of social choice and welfare theory. Starting with a brief history of social choice and welfare theory written by the book editors, it features 15 conversations with four Nobel Laureates and other key scholars in the discipline. The volume is divided into two parts. The first part presents four conversations with the founding fathers of modern social choice and welfare theory: Kenneth Arrow, John Harsanyi, Paul Samuelson, and Amartya Sen. The second part includes conversations with scholars who made important contributions to the discipline from the early 1970s onwards. This book will appeal to anyone interested in the history of economics, and the history of social choice and welfare theory in particular.
This volume presents interviews that have been conducted from the 1980s to the present with important scholars of social choice and welfare theory. Starting with a brief history of social choice and welfare theory written by the book editors, it features 15 conversations with four Nobel Laureates and other key scholars in the discipline. The volume is divided into two parts. The first part presents four conversations with the founding fathers of modern social choice and welfare theory: Kenneth Arrow, John Harsanyi, Paul Samuelson, and Amartya Sen. The second part includes conversations with scholars who made important contributions to the discipline from the early 1970s onwards. This book will appeal to anyone interested in the history of economics, and the history of social choice and welfare theory in particular.
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
This book constitutes the joint refereed proceedings of the Second International Conference on Modeling and Simulation of Social-Behavioral Phenomena in Creative Societies, MSBC 2022, held in Vilnius, Lithuania, in September 2022. The 14 full papers and 1 short paper presented were carefully reviewed and selected from 35 submissions. The papers are organized in the following topical sections: simulation of behavioral processes; modeling of sustainability; and data science and modeling.
This volume comprises papers presented at the Symposium on Collective Choice, by leading experts in this field. It presents recent advances in Social Choice Theory and Welfare Economics. The papers are classified in two broad groups: (1) those dealing with the ethical aspects of the theory of social choice and (2) those concerned with the positive aspects. The papers in the first part are concerned with the Arrow-type aggregation problem or aspects of it and with more specific questions relating to optimality, justice and welfare. In part II several papers discuss the problem of strategic misrevelation of preferences by individuals, others discuss simple voting games, social choice-correspondences and electoral competition. The main features are: - Recent advances in social choice theory and welfare economics - New mathematical approaches to social choice theory (differential and algebraic topology) -New aspects of the concepts of justice and optimality in welfare economics and social choice.
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.
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.
Explore the complexities of decision-making with "Social Choice Theory," a key volume in the "Political Science" series. This book delves into how societies make collective choices and the underlying mathematical and philosophical foundations. Essential for those interested in governance, policy, and democratic processes, it provides a thorough examination of key concepts and theories in social choice. Each chapter builds on the last, covering topics such as: 1. Social Choice Theory: Core concepts and significance in collective decision-making. 2. Condorcet Paradox: The issue of intransitive collective preferences. 3. Pareto Efficiency: Evaluating outcomes where no one can be better off without harming others. 4. Kenneth Arrow: Contributions to social choice theory. 5. Arrow's Impossibility Theorem: Challenges in creating a fair voting system. 6. Social Welfare Function: Aggregating individual preferences into collective decisions. 7. Independence of Irrelevant Alternatives: Ensuring choices are unaffected by irrelevant alternatives. 8. Gibbard–Satterthwaite Theorem: Limitations of strategic voting. 9. Welfare Economics: Improving social welfare through resource allocation. 10. Expected Utility Hypothesis: Decision-making to maximize expected utility. 11. Liberal Paradox: Tension between individual rights and collective decision-making. 12. Lexicographic Preferences: Ranking and decision-making processes. 13. Social Choice and Individual Values: Aligning personal preferences with collective decisions. 14. Quasitransitive Relation: Implications for preference aggregation. 15. Extended Sympathy: Understanding preferences and social choice. 16. Economic Justice: Relevance to equitable decision-making. 17. Preference (Economics): Modeling preferences and their impact. 18. Kevin W. S. Roberts: Contributions to social choice theory. 19. Prasanta Pattanaik: Influence on the field. 20. Jury Theorem: Conditions for accurate collective decisions. 21. Fractional Social Choice: Incorporating partial preferences into decision-making. An invaluable resource for professionals, students, and enthusiasts, this book offers deep insights into social choice theory and its applications, making it a must-have for any political science library.
This book presents an overview of recent developments in social choice theory and welfare economics, drawn from the proceedings of the eighth conference in the International Symposia in Economic Theory and Econometrics series under the general editorship of William Barnett. The volume is divided into four parts, each exploring broad themes in social choice theory and welfare economics: an overview of the subject's historical development, a discussion of the ethical aspects of social choice, a study of the algebraic and combinatorial aspects of social choice theory, and an application of mathematic theory to several case studies.