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The Arrow Impossibility Theorem
By Amartya Sen, Eric Maskin, Kenneth J. Arrow (contributor), Partha Dasgupta (contributor) and Prasanta K. Pattanaik (contributor)
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Bibliographic Detail
Publisher Columbia Univ Pr
Publication date July 22, 2014
Pages 152
Binding Hardcover
Book category Adult Non-Fiction
ISBN-13 9780231153287
ISBN-10 0231153287
Dimensions 0.75 by 5.75 by 8.50 in.
Weight 0.75 lbs.
Original list price $19.95
Other format details university press
Summaries and Reviews
Amazon.com description: Product Description: Kenneth J. Arrow's pathbreaking "impossibility theorem" was a watershed innovation in the history of welfare economics, voting theory, and collective choice, demonstrating that there is no voting rule that satisfies the four desirable axioms of decisiveness, consensus, nondictatorship, and independence.

In this book Eric Maskin and Amartya Sen explore the implications of Arrow's theorem. Sen considers its ongoing utility, exploring the theorem's value and limitations in relation to recent research on social reasoning, and Maskin discusses how to design a voting rule that gets us closer to the ideal―given the impossibility of achieving the ideal. The volume also contains a contextual introduction by social choice scholar Prasanta K. Pattanaik and commentaries from Joseph E. Stiglitz and Kenneth J. Arrow himself, as well as essays by Maskin, Dasgupta, and Sen outlining the mathematical proof and framework behind their assertions.

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Hardcover
Book cover for 9780231153287
 
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from Columbia Univ Pr (July 22, 2014)
9780231153287 | details & prices | 152 pages | 5.75 × 8.50 × 0.75 in. | 0.75 lbs | List price $19.95
About: Kenneth J.

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