William Thomson

Youngsub Chun and Christopher Chambers

A chapter in Conversations on Social Choice and Welfare Theory - Vol. 1, 2021, pp 279-288 from Springer

Abstract: Abstract In this conversation, William Thomson discusses the role of the axiomatic method in economic design. He comments on the role Nash’s bargaining theory played in the development of his interest in the axiomatic method. He contrasts the abstract theory of Arrovian social choice with the axiomatic study of concrete models of resource allocation. He discusses how the study of how to adjudicate conflicting claims can serve as an introduction to the field of economic design.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:stcchp:978-3-030-62769-0_15

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DOI: 10.1007/978-3-030-62769-0_15

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