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Handbook of Social Choice and Welfare
By Amartya Kumar Sen (editor), Kotaro Suzumura (editor) and Kenneth J. Arrow (editor)
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Bibliographic Detail
Publisher North-Holland
Publication date August 15, 2002
Pages 692
Binding Hardcover
Book category Adult Non-Fiction
ISBN-13 9780444829146
ISBN-10 0444829148
Dimensions 1.25 by 7 by 9.75 in.
Weight 3 lbs.
Published in Europe
Original list price $155.00 says people who bought this book also bought:
Handbook of Social Choice and Welfare | Dynamic Allocation and Pricing
Summaries and Reviews description: Product Description: The Handbook of Social Choice and Welfare presents, in two volumes, essays on past and on-going work in social choice theory and welfare economics. The first volume consists of four parts. In Part 1 (Arrovian Impossibility Theorems), various aspects of Arrovian general impossibility theorems, illustrated by the simple majority cycle first identified by Condorcet, are expounded and evaluated. It also provides a critical survey of the work on different escape routes from impossibility results of this kind. In Part 2 (Voting Schemes and Mechanisms), the operation and performance of voting schemes and cost-sharing mechanisms are examined axiomatically, and some aspects of the modern theory of incentives and mechanism design are expounded and surveyed. In Part 3 (structure of social choice rules), the positional rules of collective decision-making (the origin of which can be traced back to a seminal proposal by Borda), the game-theoretic aspects of voting in committees, and the implications of making use of interpersonal comparisons of welfare (with or without cardinal measurability) are expounded, and the status of utilitarianism as a theory of justice is critically examined. It also provides an analytical survey of the foundations of measurement of inequality and poverty. In order to place these broad issues (as well as further issues to be discussed in the second volume of the Handbook) in perspective, Kotaro Suzumura has written an extensive introduction, discussing the historical background of social choice theory, the vistas opened by Arrow's Social Choice and Individual Values, the famous "socialist planning" controversy, and the theoretical and practical significance of social choice theory. The primary purpose of this Handbook is to provide an accessible introduction to the current state of the art in social choice theory and welfare economics. The expounded theory has a strong and constructive message for pursuing human well-being and facilitating collective decision-making.

*Advances economists’ understanding of recent advances in social choice and welfare

*Distills and applies research to a wide range of social issues

*Provides analytical material for evaluating new scholarship

*Offers consolidated reviews and analyses of scholarship in a framework that encourages synthesis.

Book cover for 9780444508942 Book cover for 9780444829146
With Amartya Sen (other contributor) | from North-Holland (September 10, 2010)
9780444508942 | details & prices | 962 pages | 7.50 × 9.50 × 1.50 in. | 3.72 lbs | List price $170.00
About: This second part of a two-volume set continues to describe economists' efforts to quantify the social decisions people necessarily make and the philosophies that those choices define.
The price comparison is for this edition
With Amartya Kumar Sen (other contributor) | from North-Holland (August 15, 2002)
9780444829146 | details & prices | 692 pages | 7.00 × 9.75 × 1.25 in. | 3.05 lbs | List price $155.00
About: The Handbook of Social Choice and Welfare presents, in two volumes, essays on past and on-going work in social choice theory and welfare economics.
With Amartya Sen (other contributor) | from Elsevier Science (September 1, 2010)
9780080929828 | details & prices | 983 pages | List price $149.95

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