Collective preference and choice /

Collective preference and choice /

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Bibliographic Details
Author / Creator:	Nitzan, Shmuel.
Imprint:	Cambridge ; New York : Cambridge University Press, 2010.
Description:	1 online resource (xvii, 255 pages) : illustrations
Language:	English
Subject:	Group decision making -- Mathematical models. Social choice -- Mathematical models. Group decision making -- Mathematical models. Social choice -- Mathematical models. Electronic books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11825679

Hidden Bibliographic Details
ISBN:	9780511691492 0511691491 9780521897259 0521897254 9780521722131 0521722136 9780511803871 0511803877 1107212243 9781107212244 0511849818 9780511849817 1282652818 9781282652811 9786612652813 6612652810 0511690010 9780511690013 0511692617 9780511692611 0511690754 9780511690754 0511689276 9780511689277
Notes:	Includes bibliographical references (pages 246-250) and index. English. Print version record.
Summary:	Collective decision-making is a familiar feature of our social, political, and economic lives. It ranges from the relatively trivial (e.g. the choice of the next family car) to the globally significant (e.g. whether or not a country should go to war). Yet, whether trivial or globally significant, such decisions involve a number of challenging problems. These problems arise in the standard social choice setting, where individuals differ in their preferences. They also arise in the standard decision-making setting, where individuals share the same preferences, but differ in their decisional capabilities. The distinctive feature of Collective Preference and Choice is that it looks at classical aggregation problems that arise in three closely related areas: social choice theory, voting theory, and group decision-making under uncertainty. Using a series of exercises and examples, the book explains these problems with reference to a number of important contributions to the study of collective decision-making.
Other form:	Print version: Nitzan, Shmuel. Collective preference and choice. Cambridge ; New York : Cambridge University Press, 2010 9780521897259
Standard no.:	9786612652813

Table of Contents:

The reason for the problems
Brief overview of the problems
The relationship between preferences and choice
Do social preferences exist?
Arrow's and Sen's impossibility theorems
The desirable decision rule: axiomatization
Rule selection based on compromise with the unanimity criterion
Paradoxes of voting
Majority tyranny
The problems of inefficient provision of public goods
Do individuals reveal their true preferences?