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Arrovian Aggregation Models
F. Aleskerov
€ 132.74
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Description for Arrovian Aggregation Models
Hardback. Investigates three formulations of the aggregation problem according to the form in which the individual opinions about the alternatives are defined, as well as to the form of desired social decision. This book offers a description of the problem of axiomatic synthesis of local rules. Series: Theory and Decision Library B. Num Pages: 244 pages, biography. BIC Classification: JMH; KCC. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 235 x 155 x 15. Weight in Grams: 542.
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
Hardback
Publication date
1999
Publisher
Kluwer Academic Publishers United States
Number of pages
244
Condition
New
Series
Theory and Decision Library B
Number of Pages
244
Place of Publication
Dordrecht, Netherlands
ISBN
9780792384519
SKU
V9780792384519
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