Social Choice Theory: A Neglected Path to Possibility
نویسندگان
چکیده
منابع مشابه
Social Choice Theory
1. revised and extended axiomatic theory and proof development. 2. a new curriculum with extensive questions, intuitive illustrations of key concepts, exercises in formal proofs, and an emphasis on the use of mathematical logic as a formal tool for the analysis of informal concept". 3. parallel languages-a completely new formal language containing concise formulas for use in proofs together wit...
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This paper offers a short introduction to some of the fundamental results of social choice theory. Topices include: Nash implementability and the Muller-Satterthwaite impossibility theorem, anonymous and neutral social choice correspondences, two-party competition in tournaments, binary agendas and the top cycle, and median voter theorems. The paper begins with a simple example to illustrate th...
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Social choice theory is the study of how decisions are made collectively. It examines the idea that, for a given society, the preferences of individuals can be directly aggregated to reflect a quintessential “social preference.” An example of such a preference aggregation method is simple plurality rule, in which citizens vote for a candidate and the candidate winning the most votes is deemed s...
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Economists have heralded the formulation of the expected utility theorem as a universal method of choice under uncertainty. In their seminal paper, Stigler and Becker (Stigler & Becker, 1977) declared that “human behavior can be explained by a generalized calculus of utility-maximizing behavior” (p.76). The universality of the rational choice theory has been widely criticized by psychologists, ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2016
ISSN: 1556-5068
DOI: 10.2139/ssrn.2776612