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Social Choice and the Mathematics of Manipulation (Hardcover, New)
Loot Price: R2,637
Discovery Miles 26 370
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Social Choice and the Mathematics of Manipulation (Hardcover, New)
Series: Outlooks
Expected to ship within 12 - 17 working days
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Honesty in voting, it turns out, is not always the best policy.
Indeed, in the early 1970s, Allan Gibbard and Mark Satterthwaite,
building on the seminal work of Nobel laureate Kenneth Arrow,
proved that with three or more alternatives there is no reasonable
voting system that is non-manipulable; voters will always have an
opportunity to benefit by submitting a disingenuous ballot. The
ensuing decades produced a number of theorems of striking
mathematical naturality that dealt with the manipulability of
voting systems. This 2005 book presents many of these results from
the last quarter of the twentieth century, especially the
contributions of economists and philosophers, from a mathematical
point of view, with many new proofs. The presentation is almost
completely self-contained, and requires no prerequisites except a
willingness to follow rigorous mathematical arguments. Mathematics
students, as well as mathematicians, political scientists,
economists and philosophers will learn why it is impossible to
devise a completely unmanipulable voting system.
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