Collective Choice and Social Welfare
Collective Choice and Social Welfare

Author: Amartya Sen

Publisher: Harvard University Press

Published: 2018-05-17

Total Pages: 641

ISBN-13: 0674919211

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Originally published in 1970, this classic study has been recognized for its groundbreaking role in integrating economics and ethics, and for its influence in opening up new areas of research in social choice, including aggregative assessment. It has also had a large influence on international organizations, including the United Nations, notably in its work on human development. The book showed that the “impossibility theorems” in social choice theory—led by the pioneering work of Kenneth Arrow—do not negate the possibility of reasoned and democratic social choice. Sen’s ideas about social choice, welfare economics, inequality, poverty, and human rights have continued to evolve since the book’s first appearance. This expanded edition preserves the text of the original while presenting eleven new chapters of fresh arguments and results. “Expanding on the early work of Condorcet, Pareto, Arrow, and others, Sen provides rigorous mathematical argumentation on the merits of voting mechanisms...For those with graduate training, it will serve as a frequently consulted reference and a necessity on one’s book shelf.” —J. F. O’Connell, Choice

Collective Preference and Choice
Collective Preference and Choice

Author: Shmuel Nitzan

Publisher: Cambridge University Press

Published: 2010

Total Pages: 275

ISBN-13: 0521897254

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A study of the classical aggregation problems that arise in social choice theory, voting theory, and group decision-making under uncertainty.

Collective Decisions and Voting
Collective Decisions and Voting

Author: Nicolaus Tideman

Publisher: Routledge

Published: 2017-03-02

Total Pages: 343

ISBN-13: 1351950622

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When one thinks about how collective decisions are made, voting is the method that comes naturally to mind. But other methods such as random process and consensus are also used. This book explores just what a collective decision is, classifies the methods of making collective decisions, and identifies the advantages and disadvantages of each method. Classification is the prelude to evaluation. What are the characteristics of a method of making collective decisions, the book asks, that permit us to describe a collective decision as good? The second part of the book is detailed exploration of voting: the dimensions in which voting situations differ, the origins and logic of majority rule, the frequency of cycles in voting, the Arrow and Gibbard-Satterthwaite theorems, criteria for ways of cutting through cycles and the application of these criteria to a variety of rules, voting over continuums, proportional representation, and voting rules that take account of intensities of preferences. Relatively unknown methods of voting give voting a much greater potential than is generally recognized. Collective Decisions and Voting is essential reading for everyone with an interest in voting theory and in how public choices might be made.

The Economics Of Collective Choice
The Economics Of Collective Choice

Author: Joe B Stevens

Publisher: Routledge

Published: 2018-02-06

Total Pages: 522

ISBN-13: 0429972482

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The study of government policy and public decision-making has experienced a renaissance in recent years as economists and political scientists have come together to form the new field of collective, or public, choice. The Economics of Colletive Choice is a breakthrough text in this field. It is the first to approach the public policy process with a sophisticated understanding of both economics and government and to present these ideas with a grace and accessibility entirely appropriate to undergraduates. Collective choice economics as presented by Professor Stevens is a mix of applied welfare economics and public choice analysis and does not presuppose a knowledge of intermediate microeconomics. Professor Stevens credits both the conservative insight that government intervention is often worse than what it is intended to cure and the liberal view that efficiency and justice are sometimes best served by intervention. This approach allows students to find their own balance between these ideological views. This unique book is designed as a core text for courses on public choice and public policy analysis. It will also find wide use in courses on public administration or public affairs and as a supplementary text in courses on public sector economics and public finance.

Positive Political Theory I
Positive Political Theory I

Author: David Austen-Smith

Publisher: University of Michigan Press

Published: 2000-12-27

Total Pages: 230

ISBN-13: 9780472087211

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A definitive, comprehensive, and analytically sophisticated treatment of the theory of collective preference

The Economics Of Collective Choice
The Economics Of Collective Choice

Author: Joe B Stevens

Publisher: Routledge

Published: 2018-02-06

Total Pages: 412

ISBN-13: 0429961405

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The study of government policy and public decision-making has experienced a renaissance in recent years as economists and political scientists have come together to form the new field of collective, or public, choice. The Economics of Colletive Choice is a breakthrough text in this field. It is the first to approach the public policy process with a sophisticated understanding of both economics and government and to present these ideas with a grace and accessibility entirely appropriate to undergraduates. Collective choice economics as presented by Professor Stevens is a mix of applied welfare economics and public choice analysis and does not presuppose a knowledge of intermediate microeconomics. Professor Stevens credits both the conservative insight that government intervention is often worse than what it is intended to cure and the liberal view that efficiency and justice are sometimes best served by intervention. This approach allows students to find their own balance between these ideological views. This unique book is designed as a core text for courses on public choice and public policy analysis. It will also find wide use in courses on public administration or public affairs and as a supplementary text in courses on public sector economics and public finance.

The Arrow Impossibility Theorem
The Arrow Impossibility Theorem

Author: Eric Maskin

Publisher: Columbia University Press

Published: 2014-07-08

Total Pages: 164

ISBN-13: 0231153287

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

Choice, Rules and Collective Action
Choice, Rules and Collective Action

Author: Elinor Ostrom

Publisher: ECPR Press

Published: 2014-05-01

Total Pages: 310

ISBN-13: 1910259136

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This volume brings a set of key works by Elinor Ostrom, co-recipient of the Nobel Prize in Economic Sciences, together with those of Vincent Ostrom, one of the originators of Public Choice political economy. The two scholars introduce and expound their approaches and analytical perspectives on the study of institutions and governance. The book puts together works representing the main analytical and conceptual vehicles articulated by the Ostroms to create the Bloomington School of public choice and institutional theory. Their endeavours sought to ‘re-establish the priority of theory over data collection and analysis’, and to better integrate theory and practice. These efforts are illustrated via selected texts, organised around three themes: the political economy and public choice roots of their work in creating a distinct branch of political economy; the evolutionary nature of their work that led them to go beyond mainstream public choice, thereby enriching the public choice tradition itself; and, finally, the foundational and epistemological dimensions and implications of their work.

Collective Action and the Civil Rights Movement
Collective Action and the Civil Rights Movement

Author: Dennis Chong

Publisher: University of Chicago Press

Published: 1991-06-18

Total Pages: 276

ISBN-13: 0226104419

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Collective Action and the Civil Rights Movement is a theoretical study of the dynamics of public-spirited collective action as well as a substantial study of the American civil rights movement and the local and national politics that surrounded it. In this major historical application of rational choice theory to a social movement, Dennis Chong reexamines the problem of organizing collective action by focusing on the social, psychological, and moral incentives of political activism that are often neglected by rational choice theorists. Using game theoretic concepts as well as dynamic models, he explores how rational individuals decide to participate in social movements and how these individual decisions translate into collective outcomes. In addition to applying formal modeling to the puzzling and important social phenomenon of collective action, he offers persuasive insights into the political and psychological dynamics that provoke and sustain public activism. This remarkably accessible study demonstrates how the civil rights movement succeeded against difficult odds by mobilizing community resources, resisting powerful opposition, and winning concessions from the government.