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Arrovian Aggregation Models
F. Aleskerov
€ 119.13
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Description for Arrovian Aggregation Models
Paperback. Series: Theory and Decision Library B. Num Pages: 244 pages, biography. BIC Classification: KCA; KCC; KCH; KJT. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 13. Weight in Grams: 403.
Aggregation of individual opinions into a social decision is a problem widely observed in everyday life. For centuries people tried to invent the `best' aggregation rule. In 1951 young American scientist and future Nobel Prize winner Kenneth Arrow formulated the problem in an axiomatic way, i.e., he specified a set of axioms which every reasonable aggregation rule has to satisfy, and obtained that these axioms are inconsistent. This result, often called Arrow's Paradox or General Impossibility Theorem, had become a cornerstone of social choice theory. The main condition used by Arrow was ... Read more
Aggregation of individual opinions into a social decision is a problem widely observed in everyday life. For centuries people tried to invent the `best' aggregation rule. In 1951 young American scientist and future Nobel Prize winner Kenneth Arrow formulated the problem in an axiomatic way, i.e., he specified a set of axioms which every reasonable aggregation rule has to satisfy, and obtained that these axioms are inconsistent. This result, often called Arrow's Paradox or General Impossibility Theorem, had become a cornerstone of social choice theory. The main condition used by Arrow was ... Read more
Product Details
Format
Paperback
Publication date
2010
Publisher
Springer-Verlag New York Inc. United States
Number of pages
244
Condition
New
Series
Theory and Decision Library B
Number of Pages
244
Place of Publication
New York, NY, United States
ISBN
9781441950796
SKU
V9781441950796
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
Reviews for Arrovian Aggregation Models
`This monograph is excellent and should belong to every social choice theorist's library. it is also highly recommended to mathematicians working in discrete mathematics since it offers many applications of this mathematical domain.' Mathematical Reviews, 2001c