The Handbook of Rational and Social Choice: An Overview of New Foundations and Applications

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The Handbook of Rational and Social Choice provides an overview of issues arising in work on the foundations of decision theory and social choice over the past three decades. Drawing on work by economic theorists mainly, but also with contributions from political science, philosophy and psychology, the collection shows how the related areas of decision theory and social choice have developed in their applications and moved well beyond the basic models of expected utility and utilitarian approaches to welfare economics.

Containing twenty-three contributions, in many cases by leading figures in their fields, the handbook shows how the normative foundations of economics have changed dramatically as more general and explicit models of utility and group choice have been developed. This is perhaps the first time these developments have been brought together in a manner that seeks to identify and make accessible the recent themes and developments that have been of particular interest to researchers in recent years. The collection will be of particular value to researchers in economics with interests in utility or welfare but it will also be of interest to any social scientist or philosopher interested in theories of rationality or group decision-making.

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Product Details

  • ISBN-13: 9780199290420
  • Publisher: Oxford University Press
  • Publication date: 3/15/2009
  • Edition description: New Edition
  • Pages: 624
  • Product dimensions: 7.10 (w) x 9.70 (h) x 1.50 (d)

Meet the Author

Paul Anand was a Research Fellow of Templeton College Oxford when the book was written and currently has affiliations to the Open University, Oxford and LSE.

Prasanta Pattanaik is Emeritus Professor of Economics at the University of California, Riverside. Previously he has held a number of research and teaching posts including Nuffield College, Oxford University and Harvard University. He has also acted as editor on a number of journals including Social Choice and Welfare, Journal of Human Development, and Journal of International Trade and Development. Clemens Puppe is Professor of Economics at the University of Karlsruhe. Previously he has held a number of posts including an Associate Professorship at the University of Bonn and Visiting Fellowships at the Universities of California at Davis and Harvard University.

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Table of Contents

1 Expected Utility Theory Simon Grant Grant, Simon Timothy Van Zandt Van Zandt, Timothy 21

2 Rank-Dependent Utility Mohammed Abdellaoui Abdellaoui, Mohammed 69

3 Applications of Non-Expected Utility Han Bleichrodt Han, Bleichrodt Ulrich Schmidt Schmidt, Ulrich 90

4 Ambiguity Jurgen Eichberger Eichberger, Jurgen David Kelsey Kelsey, David 113

5 The Normative Status of the Independence Principle Edward F. McClennen McClennen, Edward F. 140

6 Rationality and Intransitive Preference: Foundations for the Modern View Paul Anand Anand, Paul 156

7 Dutch Book Arguments Alan Hajek Hajek, Alan 173

8 Experimental Tests of Rationality Daniel Read Read, Daniel 196

9 State-Dependent Utility Edi Karni Karni, Edi 222

10 Choice over Time Paola Manzini Manzini, Paola Marco Mariotti Mariotti, Marco 239

11 Imitation and Learning Carlos Alos-Ferrer Alos-Ferrer, Carlos Karl H. Schlag Schlag, Karl H. 271

12 Diversity Klaus Nehring Nehring, Klaus Clemens Puppe Puppe, Clemens 298

13 Limits of Utilitarianism as the Ethical Basis of Public Action Prasanta K. Pattanaik Pattanaik, Prasanta K. 323

14 Consequentialism and Non-Consequentialism: The Axiomatic Approach Kotaro Suzumura Suzumura, Kotaro Yongsheng Xu Xu, Yongsheng 346

15 Freedom of Choice Keith Dowding Dowding, Keith Martin van Hees van Hees, Martin 374

16 Responsibility Marc Fleurbaey Fleurbaey, Marc 393

17 Equality and Priority Bertil Tungodden Tungodden, Bertil 411

18 Rawlsian Justice Fabienne Peter Peter, Fabienne 433

19 Judgment Aggregation Christian List List, Christian Clemens Puppe Puppe, Clemens 457

20 Population Ethics Charles Blackorby Blackorby, Charles Walter Bossert Bossert, Walter David DonaldsonDonaldson, David 483

21 Distributive Justice: An Overview of Experimental Evidence Wulf Gaertner Gaertner, Wulf 501

22 Social Choice in Health and Health Care Aki Tsuchiya Tsuchiya, Aki John Miyamoto Miyamoto, John 524

23 The Capabilities Approach Erik Schokkaert Schokkaert, Erik 542

Index 567

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