The Arrow Impossibility Theorem Book Reviews
The Arrow Impossibility Theorem by Eric Maskin & Amartya Sen Book Summary
Kenneth J. Arrow's pathbreaking "impossibility theorem" was a watershed innovation in the history of welfare economics, voting theory, and collective choice, demonstrating that there is no voting rule that satisfies the four desirable axioms of decisiveness, consensus, nondictatorship, and independence.
In this book Eric Maskin and Amartya Sen explore the implications of Arrow's theorem. Sen considers its ongoing utility, exploring the theorem's value and limitations in relation to recent research on social reasoning, and Maskin discusses how to design a voting rule that gets us closer to the ideal—given the impossibility of achieving the ideal. The volume also contains a contextual introduction by social choice scholar Prasanta K. Pattanaik and commentaries from Joseph E. Stiglitz and Kenneth J. Arrow himself, as well as essays by Maskin, Dasgupta, and Sen outlining the mathematical proof and framework behind their assertions.
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| Book Name | The Arrow Impossibility Theorem |
| Genre | Economics |
| Author | Eric Maskin & Amartya Sen |
| Published | 22 July 2014, Tuesday |
| Language | English |
| E-Book Size | 22.91 MB |
The Arrow Impossibility Theorem (Eric Maskin & Amartya Sen) Book Reviews 2024
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| Download Link | Book Format |
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| the-arrow-impossibility-theorem-ebook.kindle | KINDLE |
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Summary of The Arrow Impossibility Theorem by Eric Maskin & Amartya Sen
The The Arrow Impossibility Theorem book written by Eric Maskin & Amartya Sen was published on 22 July 2014, Tuesday in the Economics category. A total of 194 readers of the book gave the book 0 points out of 5.
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