ISBN:
9789811696619
Language:
English
Pages:
1 Online-Ressource (XVII, 200 p.)
Series Statement:
Springer Texts in Business and Economics
Series Statement:
Springer eBook Collection
Parallel Title:
Erscheint auch als
Parallel Title:
Erscheint auch als
Parallel Title:
Erscheint auch als
Keywords:
Microeconomics.
;
Social choice.
;
Welfare economics.
;
Economics.
;
Finance, Public.
;
Social Choice
;
Arrow Impossibility Theorem
;
The Method of Majority Decision
;
Plurality Rule
;
Voting Rules
;
Binary Relations
;
Transitivity
;
Quasi-Transitivity
;
Manipulability of Voting Rules
;
Lehrbuch
Abstract:
Introduction -- Elementary Logic -- Sets, Relations, Functions -- Binary Relations -- Social Choice Theoretic Framework and Arrow Impossibility Theorem -- Some Important Value-Judgments, Rules and Theorems -- Implications of Weakening of Some of Arrow Conditions -- The Method of Majority Decision: Conditions for Transitivity and Quasi-Transitivity -- Strategic Aspects -- Summary and Concluding Remarks.
Abstract:
This introductory textbook on social choice theory makes the social choice theoretic framework and its main results, that have a direct bearing on the discourses on electoral rules and policy evaluation, accessible to a larger audience. The text is essentially self-contained. No previous knowledge of mathematical logic or relational algebra is assumed. Whatever technical prerequisites are needed, are developed in the text itself. Although the text is at an introductory level, there has been no compromise on rigor. Unlike most introductory books, the relevant proofs are not omitted; rather, they have been explained in detail. The text has a large number of examples so that the concepts and results become clear to the reader. There is a large number of exercises with full solutions provided at the end of the text, so that the reader can check her/his understanding of the material.
DOI:
10.1007/978-981-16-9661-9
