Decisions and Elections: Explaining the Unexpected - Image 1

£88.65

Cambridge University Press Decisions and Elections: Explaining the Unexpected

Name: Decisions and Elections: Explaining the Unexpected
Brand: Cambridge University Press
Price: 86.39 GBP
Availability: InStock

Anthropology & Sociology

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Description

It is not uncommon to be frustrated by the outcome of an election or a decision in voting, law, economics, engineering, and other fields. Does this 'bad' result reflect poor data or poorly informed voters? Or does the disturbing conclusion reflect the choice of the decision/election procedure? Nobel Laureate Kenneth Arrow's famed theorem has been interpreted to mean 'no decision procedure is without flaws'. Similarly, Nobel Laureate Amartya Sen dashes hope for individual liberties by showing their incompatibility with societal needs. This highly accessible book offers a new, different interpretation and resolution of Arrow's and Sen's theorems. Using simple mathematics, it shows that these negative conclusions arise because, in each case, some of their assumptions negate other crucial assumptions. Once this is understood, not only do the conclusions become expected, but a wide class of other phenomena can also be anticipated.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521808162
Category: Books > Subjects > Biography > Medical, Legal & Social Sciences > Anthropology & Sociology
Domain: Amazon UK
Release Date: 22 October 2001
Listed Since: 22 January 2007

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Cambridge University Press Decisions and Elections: Explaining the Unexpected

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