Social Choice Vol. 123 : Theory and Research,9780761914068

Social Choice Vol. 123 : Theory and Research

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ISBN13: 9780761914068
ISBN10: 0761914064
Format: Paperback
Pub. Date: 1998-06-25
Publisher(s): Sage Publications, Inc
List Price: $20.33

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Summary

Groups - organizations, corporations and governments - have formal rules for the allocation of their resources and in democratic societies the decisions about allocation are generally made by simple majority voting. But does majority rule always improve social well-being? Could it sometimes lead to collective irrationality? In this thought-provoking book, Paul E Johnson considers the key questions and concepts in social choice theory.

Table of Contents

Series Editor's Introduction v(2)
Acknowledgments vii(2)
Preface ix
1. What is Social Choice Theory
1(8)
The Voter's Paradox
2(1)
The Big Picture
3(4)
An Outline of This Book
7(2)
2. Fundamental Terminology: Discrete Social Choice
9(3)
3. Arrow's Theorem
12(19)
The Social Preference Function
12(1)
Arrow's Possibility Theorem
13(8)
The Meaning of Arrow's Theorem
21(10)
4. Fundamental Terminology: Continuous Sets of Alternatives
31(18)
The Euclidean Spatial Model
31(1)
Utility Functions
32(5)
Continuity and Utility Representations on the Continuum
37(4)
Convexity and Single-Peakedness
41(8)
5. The Unidimensional Spatial Model
49(11)
The Importance of Single-Peaked Preferences
49(1)
The Median Voter Theorem
50(3)
Reversion Points and Take-It-or-Leave-It Offers
53(2)
Unraveling in Democratically Governed Groups
55(5)
6. The Multidimensional Spatial Model
60(37)
The Importance of Convexity
60(4)
Stability Analysis: Majority Rule in Several Dimensions
64(13)
The Chaos Theorems
77(3)
Addressing the Disequilibrium Problem
80(1)
Structure-Induced Equilibrium
81(12)
Behavioral Sources of Stability
93(4)
7. Conclusion: Looking Backward and Forward
97(5)
References 102(7)
About the Author 109

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