Rational Choice, Collective Decisions, and Social Welfare - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Rational Choice, Collective Decisions, and Social Welfare write by Kotaro Suzumura. This book was released on 1983. Rational Choice, Collective Decisions, and Social Welfare available in PDF, EPUB and Kindle. An examination of the phenomenon of social cooperation failure, even amongst a group of rational individuals.
Choice, Preferences, and Procedures
Choice, Preferences, and Procedures - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Choice, Preferences, and Procedures write by Kotaro Suzumura. This book was released on 2016-06-06. Choice, Preferences, and Procedures available in PDF, EPUB and Kindle. Kotaro Suzumura is one of the world’s foremost thinkers in social choice theory and welfare economics. Bringing together essays that have become classics in the field, Choice, Preferences, and Procedures examines foundational issues of normative economics and collective decision making. Social choice theory seeks to critically assess and rationally design economic mechanisms for improving human life. An important part of Suzumura’s contribution over the past forty years has entailed fusion of abstract microeconomic ideas with an understanding of real-world economies in a coherent analysis. This volume of selected essays reveals the evolution of Suzumura’s thinking over his career. Groundbreaking papers explore the nature of individual and social choice and the idea of assigning value to freedom of choice, different forms of rationality, and concepts of individual rights, equity, and fairness. Suzumura elucidates his innovative approach for recognizing interpersonal comparisons in the vein of Adam Smith’s notion of sympathy and expounds the effect of paying due attention to nonconsequential features, such as the opportunity to choose and the procedure for decision making, along with the standard consequential features. Analyzing the role of economic competition, Suzumura points out how restricting competition may, in some circumstances, improve social welfare. This is not to recommend government regulation rather than market competition but to emphasize the importance of procedural features in a competitive context. He concludes with illuminating essays on the history of economic thought, focusing on the ideas of Vilfredo Pareto, Arthur Pigou, John Hicks, and Paul Samuelson.
Individual and Collective Choice and Social Welfare
Individual and Collective Choice and Social Welfare - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Individual and Collective Choice and Social Welfare write by Constanze Binder. This book was released on 2015-04-22. Individual and Collective Choice and Social Welfare available in PDF, EPUB and Kindle. The papers in this volume explore various issues relating to theories of individual and collective choice, and theories of social welfare. The topics include individual and collective rationality, motivation and intention in economics, coercion, public goods, climate change, and voting theory. The book offers an excellent overview over latest research in these fields.
Collective Decision-Making:
Collective Decision-Making: - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Collective Decision-Making: write by Norman Schofield. This book was released on 2013-03-09. Collective Decision-Making: available in PDF, EPUB and Kindle. In the last decade the techniques of social choice theory, game theory and positive political theory have been combined in interesting ways so as to pro vide a common framework for analyzing the behavior of a developed political economy. Social choice theory itself grew out of the innovative attempts by Ken neth Arrow (1951) and Duncan Black (1948, 1958) to extend the range of economic theory in order to deal with collective decision-making over public goods. Later work, by William Baumol (1952), and James Buchanan and Gordon Tullock (1962), focussed on providing an "economic" interpretation of democratic institutions. In the same period Anthony Downs (1957) sought to model representative democracy and elections while William Riker (1962) made use of work in cooperative game theory (by John von Neumann and Oscar Morgenstern, 1944) to study coalition behavior. In my view, these "rational choice" analyses of collective decision-making have their antecedents in the arguments of Adam Smith (1759, 1776), James Madison (1787) and the Marquis de Condorcet (1785) about the "design" of political institutions. In the introductory chapter to this volume I briefly describe how some of the current normative and positive aspects of social choice date back to these earlier writers.
The Handbook of Rational and Social Choice
The Handbook of Rational and Social Choice - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Handbook of Rational and Social Choice write by Paul Anand. This book was released on 2009-01-15. The Handbook of Rational and Social Choice available in PDF, EPUB and Kindle. This volume provides an overview of issues arising in work on the foundations of decision theory and social choice. The collection will be of particular value to researchers in economics with interests in utility or welfare, but also to any social scientist or philosopher interested in theories of rationality or group decision-making.
