This book is concerned with the study of collective preference, in particular with the relationship between the objectives of social action and the preferences and aspirations of society's members. Professor Sen's approach is based on the assumption that the problem of collective choice cannot be satisfactorily discussed within the confines of economics. While collective choice forms a crucial aspect of economics, the subject pertains also to political science, the theory of the state, and to the theory of decision procedures. The author has therefore used material from these disciplines, plus philosophical aspects from ethics and the theory of justice.
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Can the values which individual members of society attach to different alternatives be aggregated into values for society as a whole, in a way that is both fair and theoretically sound? Is the majority principle a workable rule for making decisions? How should income inequality be measured? When and how can we compare the distribution of welfare in different societies? So reads the 1998 Nobel citation by the Swedish Academy, acknowledging Amartya Sen s important contributions in welfare economics and particularly his work in "Collective Choice and Social Welfare."
Originally published in 1970, this classic study has been recognized for its groundbreaking role in integrating economics and ethics, and for its influence in opening up new areas of research in social choice, including aggregative assessment. It has also had a large influence on international organizations, including the United Nations, notably in its work on human development. The book showed that the impossibility theorems in social choice theory led by the pioneering work of Kenneth Arrow do not negate the possibility of reasoned and democratic social choice.
Sen s ideas about social choice, welfare economics, inequality, poverty, and human rights have continued to evolve since the book s first appearance. This expanded edition preserves the text of the original while presenting eleven new chapters of fresh arguments and results. Both the new and original chapters alternate between nonmathematical treatments of Sen s subjects, accessible to all, and mathematical arguments and proofs. A new introduction gives a far-reaching, up-to-date overview of the subject of social choice."
Amartya Sen, winner of the 1998 Nobel Prize in Economics, is Lamont University Professor at Harvard University.
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gebundene Ausgabe. Etat : Gut. 226 Seiten Das hier angebotene Buch stammt aus einer teilaufgelösten wissenschaftlichen Bibliothek und trägt die entsprechenden Kennzeichnungen (Rückenschild, Instituts-Stempel.); Schnitt und Einband sind etwas staubschmutzig; der Buchzustand ist ansonsten ordentlich und dem Alter entsprechend gut. In ENGLISCHER Sprache. Sprache: Englisch Gewicht in Gramm: 550. N° de réf. du vendeur 1651505
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Etat : Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,600grams, ISBN:0444851275. N° de réf. du vendeur 5840867
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