Axioms of Cooperative Decision Making

by Hervi Moulin

Overview

Problems of fair division, equitable cost-sharing, division of a joint benefit, or the choice of a truly democratic voting rule are familiar subjects of dispute in technologically advanced democracies. This book provides a comprehensive and unified presentation of these technically heterogeneous subjects that are linked by common axioms.

Product Details

ISBN-13:	9780521424585
Publisher:	Cambridge University Press
Publication date:	07/26/1991
Series:	Econometric Society Monographs , #15
Edition description:	Reprint
Pages:	348
Product dimensions:	5.98(w) x 9.06(h) x 0.67(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.

Editorial Reviews

"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 force...it 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

From the Publisher