Decisions and Elections: Explaining the Unexpected
Donald G. Saari
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Description for Decisions and Elections: Explaining the Unexpected
Paperback. A highly accessible book offering a new interpretation and resolution of Arrow's and Sen's theorems. Num Pages: 254 pages, 16 b/w illus. BIC Classification: JH; JPA; KCA; TBC. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 228 x 152 x 17. Weight in Grams: 358.
It is not uncommon to be frustrated by the outcome of an election or a decision in voting, law, economics, engineering, and other fields. Does this 'bad' result reflect poor data or poorly informed voters? Or does the disturbing conclusion reflect the choice of the decision/election procedure? Nobel Laureate Kenneth Arrow's famed theorem has been interpreted to mean 'no decision procedure is without flaws'. Similarly, Nobel Laureate Amartya Sen dashes hope for individual liberties by showing their incompatibility with societal needs. This highly accessible book offers a new, different interpretation and resolution of Arrow's and Sen's theorems. Using simple mathematics, ... Read more
It is not uncommon to be frustrated by the outcome of an election or a decision in voting, law, economics, engineering, and other fields. Does this 'bad' result reflect poor data or poorly informed voters? Or does the disturbing conclusion reflect the choice of the decision/election procedure? Nobel Laureate Kenneth Arrow's famed theorem has been interpreted to mean 'no decision procedure is without flaws'. Similarly, Nobel Laureate Amartya Sen dashes hope for individual liberties by showing their incompatibility with societal needs. This highly accessible book offers a new, different interpretation and resolution of Arrow's and Sen's theorems. Using simple mathematics, ... Read more
Product Details
Format
Paperback
Publication date
2001
Publisher
Cambridge University Press United Kingdom
Number of pages
254
Condition
New
Number of Pages
254
Place of Publication
Cambridge, United Kingdom
ISBN
9780521004046
SKU
V9780521004046
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-2
Reviews for Decisions and Elections: Explaining the Unexpected
"Explains the difficulties and concepts of decision theory without deep mathematical analysis and equations." Journal of Economic Literature