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Download PDF by Walter P. Heller, Ross M. Starr, David A. Starrett: Essays in Honor of Kenneth J. Arrow: Volume 1, Social Choice

By Walter P. Heller, Ross M. Starr, David A. Starrett

ISBN-10: 0521304547

ISBN-13: 9780521304542

Professor Kenneth J. Arrow is likely one of the such a lot exceptional monetary theorists. He has performed a tremendous position in shaping the topic and is honoured by way of the book of 3 volumes of essays on financial concept. each one quantity bargains with a distinct zone of financial concept. The books comprise contributions by way of the very best fiscal theorists from the USA, Japan, Israel and Europe.

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Extra info for Essays in Honor of Kenneth J. Arrow: Volume 1, Social Choice and Public Decision Making

Example text

Harsanyi, J . C. (1955), "Cardinal welfare, individualistic ethics, and interpersonal comparisons of utility," Journal of Political Economy, 63 : 309-2 1 . Harsanyi, J . C . (1986), "Utilitarian morality i n a world o f very half-hearted alĀ­ truists," this volume. Hodgson, D. H . (1967), Consequences of utilitarianism, Oxford: Clarendon Press. Kalai, E . , E. Muller, and M. Satterthwaite (1979), "Social welfare functions when preferences are convex, strictly monotonic, and continuous," Public Choice, 34: 87-97 .

Whereas intended behavior is of psychological interest, a normative theory of behavior is concerned with prescribing actual behavior rather than mere intentions. An agent's actual behavior in the choice tree T is described by the behavior set BT( n )(n) at the initial node of T(n) for each decision node n E N. So we naturally define BT (n) = = BT

1967), Consequences of utilitarianism, Oxford: Clarendon Press. Kalai, E . , E. Muller, and M. Satterthwaite (1979), "Social welfare functions when preferences are convex, strictly monotonic, and continuous," Public Choice, 34: 87-97 . Kalai, E. and Z. Ritz ( 1 980), "Characterization of the private alternative domains admitting Arrow social welfare functions," Journal of Economic Theory, 22: 23-36. Kuhn H. W. (1953), "Extensive games and the problem of information," in H. W. Kuhn and A. W. ), Contributions to the theory of games II, Princeton: Princeton University Press.

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Essays in Honor of Kenneth J. Arrow: Volume 1, Social Choice and Public Decision Making by Walter P. Heller, Ross M. Starr, David A. Starrett


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