The Functions of Social Choice Theory
Kenneth Arrow
Chapter 1 in Social Choice Re-examined, 1997, pp 3-9 from Palgrave Macmillan
Abstract:
Abstract Social choice theory was intended to provide a rational framework for decisions that, for whatever reason, have to be made collectively. The paradigmatic example was election of officials, but this was intended only to exemplify the issue. Indeed, the real purpose was to analyze policy decisions. A candidate was thought of primarily as an embodiment of policies.
Keywords: Social Choice; Pareto Optimality; Collective Rationality; Condorcet Winner; Social Choice Theory (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-25849-9_1
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DOI: 10.1007/978-1-349-25849-9_1
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