This textbook is Volume 1 of a two-volume set on the axiomatics of
economic design. Its central argument is that economic institutions
are not God-given: they are man-made. Their ultimate goal is to
promote social welfare. The book describes the axiomatic approach
to design. It consists in the formulation of criteria of
desirability of solution mappings, and of the examination of their
logical implications when imposed in various combinations. Its goal
is to identify as precisely as possible the line that separates
those combinations of desiderata that are compatible and those that
are not. The end product of axiomatic work are menus of choices for
practitioners to choose from when they have to make a decision. The
first volume offers pedagogical coverage of the axiomatic approach
to economic design, in the form of answers to questions posed by a
young person curious about it. It introduces readers to what
motivates economic design. It continues with the mathematical
representation of a class of allocation problems. The bulk of the
volume is to present structured inventories of the field of axioms,
arranged by format first, and content next. These chapters are
followed by a user's manual on the axiomatic method. Lastly, the
volume discusses how economic design can be aided by other
disciplines, in particular philosophy, mathematics, and computer
science.
General
| Imprint: |
Springer International Publishing AG
|
| Country of origin: |
Switzerland |
| Series: |
Studies in Choice and Welfare |
| Release date: |
September 2023 |
| Authors: |
William Thomson
|
| Dimensions: |
235 x 155mm (L x W) |
| Pages: |
314 |
| Edition: |
1st ed. 2023 |
| ISBN-13: |
978-3-03-129397-9 |
| Categories: |
Books
|
| LSN: |
3-03-129397-5 |
| Barcode: |
9783031293979 |
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