£72.66

Springer - Domain Conditions and Social Rationality Book

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Description

Explore the complex relationship between social decision rules and rational social preferences in this academic work from Springer. This text examines the specific domain conditions required for various classes of binary social decision rules to function effectively within social systems. The book provides an in-depth analysis of the implications of the Arrow and Gibbard theorems. It addresses how non-oligarchic social decision rules, when meeting the condition of independence of irrelevant alternatives and the weak Pareto criterion, may fail to generate quasi-transitive social preferences in certain preference configurations. By examining these mathematical and logical boundaries, the text helps readers understand the foundational problems in social choice theory, such as the well-known voting paradox. This resource is designed for those studying the intersection of mathematics, social science, and decision theory. It offers a rigorous look at how social choices are made and the theoretical limitations that can lead to inconsistent or irrational outcomes in collective decision-making processes.

Key Features

Analyzes the domain conditions necessary for binary social decision rules to produce rational social preferences.

Provides a detailed examination of the implications found within the Arrow and Gibbard theorems.

Explores the requirements of independence of irrelevant alternatives for the unambiguity of social choices.

Addresses the relationship between the weak Pareto criterion and the generation of quasi-transitive social preferences.

https://www.amazon.co.uk/dp/B00X2ACJS6?tag=tosheroon-21

Product Specifications

Format
paperback
Domain
Amazon UK
Publication Date
15 November 2020
Listed Since
19 October 2020

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No barcode data available

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