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Rational Choice, Collective Decisions, and Social Welfare
Kotaro Suzumura
€ 53.28
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Description for Rational Choice, Collective Decisions, and Social Welfare
Paperback. An examination of the phenomenon of social cooperation failure, even amongst a group of rational individuals. Num Pages: 292 pages, black & white illustrations. BIC Classification: JFFP. Category: (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 229 x 152 x 17. Weight in Grams: 430.
Left freely to themselves, a group of rational individuals often fail to cooperate even when the product of social cooperation is beneficial to all. Hence, the author argues, a rule of collective decision making is clearly needed that specifies how social cooperation should be organised among contributing individuals. Suzumura gives a systematic presentation of the Arrovian impossibility theorems of social choice theory, so as to describe and enumerate the various factors that are responsible for the stability of the voluntary association of free and rational individuals. Among other topics covered are an axiomatic characterisation of the concept of a rational ... Read more
Left freely to themselves, a group of rational individuals often fail to cooperate even when the product of social cooperation is beneficial to all. Hence, the author argues, a rule of collective decision making is clearly needed that specifies how social cooperation should be organised among contributing individuals. Suzumura gives a systematic presentation of the Arrovian impossibility theorems of social choice theory, so as to describe and enumerate the various factors that are responsible for the stability of the voluntary association of free and rational individuals. Among other topics covered are an axiomatic characterisation of the concept of a rational ... Read more
Product Details
Publisher
Cambridge University Press
Format
Paperback
Publication date
2009
Condition
New
Number of Pages
292
Place of Publication
Cambridge, United Kingdom
ISBN
9780521122559
SKU
V9780521122559
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1
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