SOCIAL CHOICE AND INDIVIDUAL VALUES

SOCIAL CHOICE AND INDIVIDUAL VALUES

1951 | KENNETH J. ARROW
The chapter titled "Social Choice and Individual Values" by Kenneth J. Arrow, published in 1951 by John Wiley & Sons, Inc., New York, and Chapman & Hall, Limited, London, explores the relationship between social choice and individual values. Arrow discusses the principles and theories that underpin how individual preferences and values can be aggregated to form a collective decision or social choice. The chapter likely delves into the mathematical and logical foundations of social choice theory, including Arrow's famous Impossibility Theorem, which states that no voting system can simultaneously satisfy all criteria for a fair and democratic voting system.The chapter titled "Social Choice and Individual Values" by Kenneth J. Arrow, published in 1951 by John Wiley & Sons, Inc., New York, and Chapman & Hall, Limited, London, explores the relationship between social choice and individual values. Arrow discusses the principles and theories that underpin how individual preferences and values can be aggregated to form a collective decision or social choice. The chapter likely delves into the mathematical and logical foundations of social choice theory, including Arrow's famous Impossibility Theorem, which states that no voting system can simultaneously satisfy all criteria for a fair and democratic voting system.
Reach us at info@study.space
Understanding Social Choice and Individual Values