Axioms of Cooperative Decision Making

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A comprehensive presentation of problems of fair division, equitable cost-sharing, division of a joint benefit, or the choice of a truly democratic voting rule, all of which are subjects for dispute in technologically advanced democracies.
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Editorial Reviews

From the Publisher
"A most valuable contribution to the essence of the social sciences, and especially of economics: how agents, be they collective or individual, make choices." Georges Bernard, Centre National de la Recherche Scientifique

"This book is a real pedagogical tour de is beautifully produced thanks to the Econometric Society and Cambridge University Press. It is not only highly recommended but, in the reviewer's opinion, an obligatory reading for every theoretically inclined economist or political scientist." Maurice Salles, University of Caen

"...the volume will be most useful as an introduction and guide to the axiomatic literature. Exposition throughout the book is uniformly clear and beautifully concise." Journal of Economic Literature

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Product Details

  • ISBN-13: 9780521360555
  • Publisher: Cambridge University Press
  • Publication date: 11/25/1988
  • Series: Econometric Society Monographs Series, #15
  • Pages: 352
  • Product dimensions: 5.98 (w) x 8.98 (h) x 0.91 (d)

Table of Contents

Foreword Amartya Sen; Acknowledgements; Introduction; Overview; Part I. Welfarism: 1. Egalitarianism versus utilitarianism; 2. Social welfare orderings; 3. Axiomatic bargaining; 4. Cost-sharing schemes and the core; 5. Values of cooperative games; Part III. Public decision mechanisms: 6. Equal versus proportional sharing; 7. Regulated monopoly; 8. Strategyproof mechanisms; 9. Majority voting and scoring methods; 10. Strategyproofness and core stability; 11. Aggregation of preferences; Bibliography; Indexes.

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