Domain Conditions in Social Choice Theory
Cambridge University Press

Domain Conditions in Social Choice Theory

Subjects: Economics, Economic theory & philosophy
ISBN13: 9780521028745
Published: 02 Nov 2006

Format - Paperback / softback
By Gaertner, Wulf

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Regular price A$52.34
Sale price A$52.34 Regular price A$53.96

Domain Conditions in Social Choice Theory

Regular price A$52.34
Sale price A$52.34 Regular price A$53.96
Product description

Wulf Gaertner provides a comprehensive account of an important and complex issue within social choice theory: how to establish a social welfare function while restricting the spectrum of individual preferences in a sensible way. Gaertner's starting point is K. J. Arrow's famous 'Impossibility Theorem', which showed that no welfare function could exist if an unrestricted domain of preferences is to be satisfied together with some other appealing conditions. A number of leading economists have tried to provide avenues out of this 'impossibility' by restricting the variety of preferences: here, Gaertner provides a clear and detailed account, using standardized mathematical notation, of well over forty theorems associated with domain conditions. Domain Conditions in Social Choice Theory will be an essential addition to the library of social choice theory for scholars and their advanced graduate students.

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