Social Choice, Welfare, and Ethics: Proceedings of the Eighth International Symposium in Economic Theory and Econometrics

Social Choice, Welfare, and Ethics: Proceedings of the Eighth International Symposium in Economic Theory and Econometrics

by William A. Barnett
     
 

ISBN-10: 0521026210

ISBN-13: 9780521026215

Pub. Date: 03/31/2006

Publisher: Cambridge University Press

The volume is divided into six parts, each exploring broad themes in social choice theory and welfare economics. The first is an overview of the short - yet intense - period of the subject's historical development. The second is a discussion of the ethical aspects of social choice, encompassing such issues as equal opportunity, individual rights, and population…  See more details below

Overview

The volume is divided into six parts, each exploring broad themes in social choice theory and welfare economics. The first is an overview of the short - yet intense - period of the subject's historical development. The second is a discussion of the ethical aspects of social choice, encompassing such issues as equal opportunity, individual rights, and population monotonicity. Parts three and four are devoted to algebraic and combinatorial aspects of social choice theory, including analyses of Arrow's Theorem, consensus functions, and the role of geometry. Part five deals with the application of cooperative game theory to social choice. The final section is devoted to a study of aggregation with risk aversion to current and future variables, and the creation of an intertemporal framework to go beyond the usual static description of income distributions measured over a short period.

Product Details

ISBN-13:
9780521026215
Publisher:
Cambridge University Press
Publication date:
03/31/2006
Series:
International Symposia in Economic Theory and Econometrics Series, #8
Edition description:
First Edition
Pages:
432
Product dimensions:
5.98(w) x 8.98(h) x 0.94(d)

Table of Contents

Series editor's preface
List of contributors
Introduction and overview1
1The first golden age of social choice, 1784-180313
2The requisites of equal opportunity37
3Social choice of individual and group rights55
4Population monotonic allocation rules79
5Condorcet efficiency and social homogeneity127
6Latticial theory of consensus145
7Arrow theorems in economic environments163
8Inner consistency or not inner consistency: A reformulation is the answer187
9Existence of a smooth social choice functor213
10Dynamical convergence in the Euclidean spatial model247
11Incentives in market games with asymmetric information: Approximate NTU cores in large economies263
12A note on implementation and strong dominance277
13Coalition-proof communication equilibria289
14Stability of coalition structures and the principle of optimal partitioning301
15The holdout game: An experimental study of an infinitely repeated game with two-sided incomplete information321
16Exact aggregation under risk355
17The stochastic dominance ordering of income distributions over time: The discounted sum of the expected utilities of incomes375
Appendix: Conference program409

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