A Primer in Social Choice Theory

Author: Wulf Gaertner
Publisher: OUP Oxford
ISBN: 0191609897
Format: PDF, ePub
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Processes of collective decision making are seen throughout modern society. How does a government decide on an investment strategy within the health care and educational sectors? Should a government or a community introduce measures to combat climate change and CO2 emissions, even if others choose not too? Should a country develop a nuclear capability despite the risk that other countries may follow their lead? This introductory text explores the theory of social choice. Social choice theory provides an analysis of collective decision making. The main aim of the book is to introduce students to the various methods of aggregating the preferences of all members of a given society into some social or collective preference. Written as a primer suitable for advanced undergraduates and graduates, this text will act as an important starting point for students grappling with the complexities of social choice theory. With all new chapter exercises this rigorous yet accessible primer avoids the use of technical language and provides an up-to-date discussion of this rapidly developing field.

Mathematics of Social Choice

Author: Christoph Bo”rgers
Publisher: SIAM
ISBN: 0898717620
Format: PDF, ePub, Docs
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Mathematics of Social Choice is a fun and accessible book that looks at the choices made by groups of people with different preferences, needs, and interests. Divided into three parts, the text first examines voting methods for selecting or ranking candidates. A brief second part addresses compensation problems wherein an indivisible item must be assigned to one of several people who are equally entitled to ownership of the item, with monetary compensation paid to the others. The third part discusses the problem of sharing a divisible resource among several people. Mathematics of Social Choice can be used by undergraduates studying mathematics and students whose only mathematical background is elementary algebra. More advanced material can be skipped without any loss of continuity. The book can also serve as an easy introduction to topics such as the Gibbard-Satterthwaite theorem, Arrow's theorem, and fair division for readers with more mathematical background.

Welfare Economics and Social Choice Theory

Author: A.M. Feldman
Publisher: Springer Science & Business Media
ISBN: 1461581419
Format: PDF
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This book covers the main topics of welfare economics - general equilib rium models of exchange and production, Pareto optimality, externalities and public goods - and some of the major topic of social choice the ory - compensation criteria, fairness, voting, Arrow's Theorem, and stra tegic behavior. The underlying question is this: "Is a particular economic or voting mechanism good or bad for society?" Welfare economics is mainly about whether the market mechanism is good or bad; social choice is largely about whether voting mechanisms can improve upon the results of the market. The book grew out of my undergraduate welfare economics course at Brown University, and it is intended for the undergraduate student who has some prior familiarity with microeconomics. However the book is also use ful for graduate students and professionals, economists and non-econo mists, who want an overview of welfare and social choice results unbur dened by detail and mathematical complexity.

Social Choice Theory

Author: Jerry S. Kelly
Publisher: Springer Science & Business Media
ISBN: 366209925X
Format: PDF, ePub, Mobi
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This is a textbook introducing selected topics in formal social choice theory. Social choice theory studies group choices that are based on information about preferences of members of the group (voting rules being one important special case). This involves economics, which provides the method of modelling individual decision making; political philosophy, which provides criteria about the allocation of decision-influencing power; and game theory, which provides a framework for thinking about the strategies individuals employ in trying to influence the group choice. The goal of this book is to take basic ideas like impossibility theorems, rights exercising and strategy proofness and give the student just enough technical background to be able to understand these ideas in a logically rigorous way. This is done through a set of 250 exercises that constitute the heart of the book and which differentiate this book from all other texts in social choice theory.

Measuring Inequality

Author: Frank Cowell
Publisher: Oxford University Press
ISBN: 0199594031
Format: PDF, Docs
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This book deals with the theoretical and practical problems involved in measuring the extent of inequality. The book covers modern theoretical developments in inequality analysis, and shows how the way we think about inequality has been shaped by classic contributions in economics and related disciplines.

Government Failure

Author: Gordon Tullock
Publisher: Cato Institute
ISBN: 1935308009
Format: PDF, ePub
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When market forces fail us, what are we to do? Who will step in to protect the public interest? The government, right? Wrong. The romantic view of bureaucrats coming to the rescue confuses the true relationship between economics and politics. Politicians often cite "market failure" as justification for meddling with the economy, but a group of leading scholars show the shortcomings of this view. In Government Failure, these scholars explain the school of study known as "public choice," which uses the tools of economics to understand and evaluate government activity. Gordon Tullock, one of the founders of public choice, explains how government "cures" often cause more harm than good. Tullock provides an engaging overview of public choice and discusses how interest groups seek favors from government at enormous costs to society. Displaying the steely realism that has marked public choice, Tullock shows the political world as it is, rather than as it should be. Gordon Brady scrutinizes American public policy, looking closely at international trade, efforts at regulating technology, and environmental policy. At every turn Brady points out the ways in which interest groups have manipulated the government to advance their own agendas. Arthur Seldon, a seminal scholar in public choice, provides a comparative perspective from Great Britain. He examines how government interventions in the British economy have led to inefficiency and warns about the political centralization promised by the European Community. Government Failure heralds a new approach to the study of politics and public policy. This book enlightens readers with the basic concepts of public choice in an unusually accessible way to show the folly of excessive faith in the state.

To Vote Or Not to Vote

Author: André Blais
Publisher: University of Pittsburgh Pre
ISBN: 0822990555
Format: PDF, ePub, Mobi
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What makes people decide to vote? In addressing this simple question, André Blais examines the factors that increase or decrease turnout at the aggregate, cross-national level and considers what affects people's decision to vote or to abstain. In doing so, Blais assesses the merits and limitations of the rational choice model in explaining voter behavior. The past few decades have witnessed a rise in the popularity of the rational choice model in accounting for voter turnout, and more recently a groundswell of outspoken opposition to rational choice theory. Blais tackles this controversial subject in an engaging and personal way, bringing together the opposing theories and literatures, and offering convincing tests of these different viewpoints. Most important, he handles the discussion in a clear and balanced manner. Using new data sets from many countries, Blais concludes that while rational choice is an important tool--even when it doesn't work--its empirical contribution to understanding why people vote is quite limited. Whether one supports rational choice theory or opposes it, Blais's evenhanded and timely analysis will certainly be of interest, and is well-suited for advanced undergraduate and graduate-level classes.

Strategy and dynamics in contests

Author: Kai Andreas Konrad
Publisher: Oxford University Press, USA
ISBN:
Format: PDF
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This book describes the theory structure underlying contests, in which players expend effort and/or spend money in trying to get ahead of one another. Uniquely, this effort is sunk and cannot be recovered, regardless of whether a player wins or loses in the competition. Such interactions include diverse phenomena such as marketing and advertising by firms, litigation, relative reward schemes in firms, political competition, patent races, sports, military combat, war and civil war. These have been studied in the field of contest theory both within these specific contexts and at a higher level of abstraction. The purpose of this book is to describe the fundamental common properties of these types of interactions and to uncover some common properties or laws that govern them. The book begins by describing the properties of static contests and tournaments. Aspects such as timing, entry, sabotage and delegation are added and contest design issues such as the admission or exclusion of players and the structure of prizes are discussed. Further, structures are analysed in which players interact repeatedly in the same or different contest environments. Examples are inter-group conflict followed by intra-group rivalry, elimination tournaments and other dynamic contest structures.

Gaming the Vote

Author: William Poundstone
Publisher: Macmillan
ISBN: 9780809048922
Format: PDF, Docs
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Offers a critical assessment of fundamental flaws in the American electoral system, looking at how a minor "spoiler" candidate can affect the election by taking enough votes away from the most popular candidate to tip the election to another, and proposes a simple but fair solution designed to transform the electoral system.

Empirical Social Choice

Author: Wulf Gaertner
Publisher: Cambridge University Press
ISBN: 1107013941
Format: PDF, Kindle
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The first self-contained analysis of the use of questionnaire data to test theories of distributive justice.