Social Choice and Individual Values

E494083

Social Choice and Individual Values is a foundational 1951 book by economist Kenneth Arrow that established modern social choice theory and introduced Arrow’s impossibility theorem.

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Social Choice and Individual Values canonical 2

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Predicate Object
instanceOf book
economics book
work on social choice theory
academicDiscipline microeconomics
normative economics
author Kenneth Arrow NERFINISHED
citedBy research in collective choice and democracy
research in social welfare theory
research in voting theory
coreResult dictatorship is implied if all Arrow axioms hold
no social welfare function can satisfy a set of seemingly reasonable conditions simultaneously
countryOfOrigin United States of America
surface form: United States
field decision theory
economics
political science
social choice theory
welfare economics
hasEdition second edition
hasPart analysis of individual preference orderings
analysis of social welfare orderings
axioms for social welfare functions
discussion of voting procedures
proof of Arrow impossibility theorem
influenced axiomatic welfare economics
collective decision-making research
mechanism design theory
modern social choice theory
political philosophy discussions of democracy
public choice theory
theory of voting
introducedConcept Arrow impossibility theorem NERFINISHED
axiomatic approach to social choice
social welfare function (in modern formal sense)
language English
mainSubject Arrow impossibility theorem NERFINISHED
collective decision-making
social choice
voting rules
welfare functions
notableFor establishing impossibility results in social choice
formalization of conditions for rational social choice
foundational role in Arrow’s Nobel Prize–winning work
publicationYear 1951
publisher John Wiley & Sons NERFINISHED
secondEditionPublicationYear 1963

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Arrow’s impossibility theorem publishedIn Social Choice and Individual Values
Kenneth Arrow notableWork Social Choice and Individual Values