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Social Choice Re-Examined (Hardcover, 1996 ed.)
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Social Choice Re-Examined (Hardcover, 1996 ed.)
Series: International Economic Association Series
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Since World War II the subject of social choice has grown in many
and surprising ways. The impossibility theorems have suggested many
directions: mathematical characterisations of voting structures
satisfying various sets of conditions, the consequences of
restricting choice to certain domaines, the relation to competitive
equilibrium and the core, and trade-offs among the partial
satisfactions of some conditions. The links with classical and
modern theories of justice and, in particular, the competing ideas
of rights and utilitarianism have shown the power of formal social
choice analysis in illuminating the most basic philosophical
arguments about the good social life. Finally, the ideals of the
just society meet with the play of self interest; social choice
mechanisms can lend themselves to manipulation, and the analysis of
conditions under which given ideals can be realised under self
interest is a political parallel to the welfare economics of the
market. The contributors to these volumes focus on these issues at
the forefront of current research.
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