Collective Choice and Social Welfare

Collective Choice and Social Welfare PDF Author: Amartya Sen
Publisher: Harvard University Press
ISBN: 0674919211
Category : Philosophy
Languages : en
Pages : 641

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Book Description
Originally published in 1970, this classic study has been recognized for its groundbreaking role in integrating economics and ethics, and for its influence in opening up new areas of research in social choice, including aggregative assessment. It has also had a large influence on international organizations, including the United Nations, notably in its work on human development. The book showed that the “impossibility theorems” in social choice theory—led by the pioneering work of Kenneth Arrow—do not negate the possibility of reasoned and democratic social choice. Sen’s ideas about social choice, welfare economics, inequality, poverty, and human rights have continued to evolve since the book’s first appearance. This expanded edition preserves the text of the original while presenting eleven new chapters of fresh arguments and results. “Expanding on the early work of Condorcet, Pareto, Arrow, and others, Sen provides rigorous mathematical argumentation on the merits of voting mechanisms...For those with graduate training, it will serve as a frequently consulted reference and a necessity on one’s book shelf.” —J. F. O’Connell, Choice

Collective Choice and Social Welfare

Collective Choice and Social Welfare PDF Author: Amartya Sen
Publisher: Harvard University Press
ISBN: 0674919211
Category : Philosophy
Languages : en
Pages : 641

Get Book Here

Book Description
Originally published in 1970, this classic study has been recognized for its groundbreaking role in integrating economics and ethics, and for its influence in opening up new areas of research in social choice, including aggregative assessment. It has also had a large influence on international organizations, including the United Nations, notably in its work on human development. The book showed that the “impossibility theorems” in social choice theory—led by the pioneering work of Kenneth Arrow—do not negate the possibility of reasoned and democratic social choice. Sen’s ideas about social choice, welfare economics, inequality, poverty, and human rights have continued to evolve since the book’s first appearance. This expanded edition preserves the text of the original while presenting eleven new chapters of fresh arguments and results. “Expanding on the early work of Condorcet, Pareto, Arrow, and others, Sen provides rigorous mathematical argumentation on the merits of voting mechanisms...For those with graduate training, it will serve as a frequently consulted reference and a necessity on one’s book shelf.” —J. F. O’Connell, Choice

Choice, Welfare and Measurement

Choice, Welfare and Measurement PDF Author: Amartya Sen
Publisher: Harvard University Press
ISBN: 9780674127784
Category : Business & Economics
Languages : en
Pages : 480

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Book Description
"Choice, Welfare and Measurement contains many of Amartya Sen's most important contributions to economic analysis and methods, including papers on individual and social choice, preference and rationality, and aggregation and economic measurement. A substantial introductory essay interrelates his diverse concerns, and also analyzes discussions generated by the original papers, focusing on the underlying issues."--P. [4] of cover.

Choice, Welfare, and Development

Choice, Welfare, and Development PDF Author: Kaushik Basu
Publisher:
ISBN: 9781383017519
Category : Economic development
Languages : en
Pages : 0

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Book Description
Professor Amartya Sen has been a distinguished and influential scholar in development economics for over twenty years, and this edited volume seeks to reflect his interests, and the inspiration he has provided for others. Contributors include: Kenneth Arrow, A. B. Atkinson and Pranab Bardhan.

Development as Freedom

Development as Freedom PDF Author: Amartya Sen
Publisher: Anchor
ISBN: 030787429X
Category : Business & Economics
Languages : en
Pages : 385

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Book Description
By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development--for both rich and poor--in the twenty-first century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global economy, where, despite unprecedented increases in overall opulence, the contemporary world denies elementary freedoms to vast numbers--perhaps even the majority of people--he concludes, it is still possible to practically and optimistically restain a sense of social accountability. Development as Freedom is essential reading.

Development, Democracy, and Welfare States

Development, Democracy, and Welfare States PDF Author: Stephan Haggard
Publisher: Princeton University Press
ISBN: 0691214158
Category : Political Science
Languages : en
Pages : 497

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Book Description
This is the first book to compare the distinctive welfare states of Latin America, East Asia, and Eastern Europe. Stephan Haggard and Robert Kaufman trace the historical origins of social policy in these regions to crucial political changes in the mid-twentieth century, and show how the legacies of these early choices are influencing welfare reform following democratization and globalization. After World War II, communist regimes in Eastern Europe adopted wide-ranging socialist entitlements while conservative dictatorships in East Asia sharply limited social security but invested in education. In Latin America, where welfare systems were instituted earlier, unequal social-security systems favored formal sector workers and the middle class. Haggard and Kaufman compare the different welfare paths of the countries in these regions following democratization and the move toward more open economies. Although these transformations generated pressure to reform existing welfare systems, economic performance and welfare legacies exerted a more profound influence. The authors show how exclusionary welfare systems and economic crisis in Latin America created incentives to adopt liberal social-policy reforms, while social entitlements from the communist era limited the scope of liberal reforms in the new democracies of Eastern Europe. In East Asia, high growth and permissive fiscal conditions provided opportunities to broaden social entitlements in the new democracies. This book highlights the importance of placing the contemporary effects of democratization and globalization into a broader historical context.

Resources, Values and Development

Resources, Values and Development PDF Author: Amartya Sen
Publisher: Harvard University Press
ISBN: 9780674765269
Category : Business & Economics
Languages : en
Pages : 560

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Book Description
Resources, Values and Development contains many of Amartya Sen's path-breaking contributions to development economics, including papers on resource allocation in nonwage systems, shadow pricing, employment policy, welfare economics, poverty assessment, gender-based inequality, and hunger and famines.

Welfare, Choice and Solidarity in Transition

Welfare, Choice and Solidarity in Transition PDF Author: János Kornai
Publisher: Cambridge University Press
ISBN: 9780521790369
Category : Business & Economics
Languages : en
Pages : 12

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Book Description
Reform of the welfare sector is an important yet difficult challenge for all countries in transition from socialist central planning to market-oriented democracies. Here a scholar of the economics of socialism and post-socialist transition and a health economist take on this challenge. This 2001 book offers health sector reform recommendations for ten countries of Eastern Europe, drawn consistently from a set of explicit guiding principles. After discussing sector-specific characteristics, lessons of international experience, and the main set of initial conditions, the authors advocate reforms based on organized public financing for basic care, private financing for supplementary care, pluralistic delivery of services, and managed competition. Policymakers need to achieve a balance, both assuring social solidarity through universal access to basic health services and expanding individual choice and responsibility through voluntary supplemental insurance. The authors also consider the problems that undermine effectiveness of market-based competition in the health sector.

The Arrow Impossibility Theorem

The Arrow Impossibility Theorem PDF Author: Eric Maskin
Publisher: Columbia University Press
ISBN: 0231153287
Category : Business & Economics
Languages : en
Pages : 164

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Book Description
Kenneth Arrow's pathbreaking Òimpossibility theoremÓ was a watershed 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, Amartya Sen and Eric Maskin explore the implications of ArrowÕs theorem. Sen considers its ongoing utility, exploring the theoremÕs value and limitations in relation to recent research on social reasoning, while Maskin discusses how to design a voting rule that gets us closer to the idealÑgiven that achieving the ideal is impossible. The volume also contains a contextual introduction by social choice scholar Prasanta K. Pattanaik and commentaries from Joseph E. Stiglitz and Kenneth Arrow himself, as well as essays by Sen and Maskin outlining the mathematical proof and framework behind their assertions.

Social Welfare Functions and Development

Social Welfare Functions and Development PDF Author: Nanak Kakwani
Publisher: Palgrave Macmillan
ISBN: 9781137583246
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Nanak Kakwani and Hyun Hwa Son make use of social welfare functions to derive indicators of development relevant to specific social objectives, such as poverty- and inequality-reduction. Arguing that the measurement of development cannot be value-free, the authors assert that if indicators of development are to have policy relevance, they must be assessed on the basis of the social objectives in question. This study develops indicators that are sensitive to both the level and the distribution of individuals’ capabilities. The idea of the social welfare function, defined in income space, is extended to the concept of the social well-being function, defined in capability space. Through empirical analysis from selected developing countries, with a particular focus on Brazil, the authors shape techniques appropriate to the analysis of development in different dimensions. The focus of this evidence-based policy analysis is to evaluate alternative policies affecting the capacities of people to enjoy a better life.

Social Welfare Policy Analysis and Choices

Social Welfare Policy Analysis and Choices PDF Author: Hobart A Burch
Publisher: Routledge
ISBN: 1136382437
Category : Medical
Languages : en
Pages : 381

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Book Description
Social Welfare Policy Analysis and Choices gives you a thorough introduction to social welfare policy analysis. The knowledge you’ll gain from its pages will enable you to understand and evaluate individual policy issues and choices by exploring the possible choices, the effects and implications of each alternative choice, and the factors that influence each choice. Social Welfare Policy Analysis and Choices provides frameworks for making basic social policy choices and applying them to specific instances. You’ll find its depth of insight into the larger framework in which social policy decisions are made--beliefs, values, and interests--and its historical perspective on current “new” issues unique and invaluable. The book’s approach is to develop a framework for looking at the underlying issues, ideologies, social and economic forces, culture, and institutionalized inequalities that are constant within this changing mass. Specifically, Social Welfare Policy Analysis and Choices provides frameworks for looking at beliefs about: human nature the nature of society ways of thinking values and the moral and ethical implications of those values roots of those values in religion, culture, historical traditions, myths, and rationalized self-interests The insight offered in Social Welfare Policy Analysis and Choices will allow you to determine your own positioning; understand for strategic purposes what direction opponents, potential allies, and others are coming from; and develop a priorities perspective to guide compromises when the optimum policy is not attainable.