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The Arrow Impossibility Theorem

Kenneth J. Arrow, Eric Maskin

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The Arrow Impossibility Theorem

by Kenneth J. Arrow, Eric Maskin
Compare to estimated retail price: S$95.00  

The item you've got your eye on is secondhand. You probably already know that, but just in case!

The estimated retail price shown next to any listed item represents the first-hand prices we've seen elsewhere, or the estimated original retail price of a comparable item of the same quality, construction and material offered elsewhere in new condition.

The Arrow Impossibility Theorem
The Arrow Impossibility Theorem

For thinkers curious about democracy’s elegant paradox

This is a rewarding read if you like ideas that genuinely change how you see the world. It takes Arrow’s famous theorem and makes its surprising consequences feel alive, showing why fair voting is far harder than it first seems. Readers who enjoy economics, politics, or philosophy often find it both intellectually humbling and strangely thrilling, especially because it pairs rigorous reasoning with big real-world questions.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

The Arrow Impossibility Theorem

by Kenneth J. Arrow, Eric Maskin
Compare to estimated retail price: S$95.00  

The item you've got your eye on is secondhand. You probably already know that, but just in case!

The estimated retail price shown next to any listed item represents the first-hand prices we've seen elsewhere, or the estimated original retail price of a comparable item of the same quality, construction and material offered elsewhere in new condition.

Condition guide

Book Condition Guide

Books in Like New Condition

This book may contain very minor cosmetic defects, but it is in pristine condition. There should be no yellowing, no foxing, no water damage, and no annotations of any kind on the cover and the pages. For paperbacks, there should not be any crease marks on the spine. This book is good as new — lucky you!

*Books may be missing bundle media (e.g. CD, e-book code), if included.

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*Books may be missing bundle media (e.g. CD, e-book code), if included.

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We do our best to ensure the quality of our books, but there is no escaping the wear and tear that comes with time. Slight foxing and some annotations may be present on the pages and the cover. There should be no water damage of any kind. For paperbacks, there may be several crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Well Read Condition

This is a well-read book, which means that the previous owner probably really enjoyed it! The cover and pages may include moderate foxing and annotations, but the text is not obscured and still readable. Moderate cosmetic defects and minor water damage may be present on the edges of the book. For paperbacks, there may be multiple crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

 

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ISBN: 9780231153287
Authors: Kenneth J. Arrow, Eric Maskin
Publisher: Columbia University Press
Date of Publication: 2014-07-22
Format: Hardcover
Related Collections: Economics, Philosophy, Politics
Related Topics: Finance, Political Science, Sociology, Society, Social Science, Theory, Government
Goodreads rating: 3.5
(rated by 60 readers)

Description

Kenneth J. Arrow's path-breaking "impossibility theorem" was a watershed innovation 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 of irrelevant alternatives. In this book, Eric Maskin and Amartya Sen explore the implications of Arrow's theorem. Sen considers its ongoing utility, examining the theorem's value and limitations in relation to recent research on social reasoning, and Maskin discusses how to design a voting rule that gets us closer to the ideal—given the impossibility of achieving the ideal. The volume also contains a contextual introduction by social choice scholar Prasanta K. Pattanaik and commentaries from Joseph E. Stiglitz and Kenneth J. Arrow himself, as well as essays by Maskin, Dasgupta, and Sen outlining the mathematical proof and framework behind their assertions.
 

For thinkers curious about democracy’s elegant paradox

This is a rewarding read if you like ideas that genuinely change how you see the world. It takes Arrow’s famous theorem and makes its surprising consequences feel alive, showing why fair voting is far harder than it first seems. Readers who enjoy economics, politics, or philosophy often find it both intellectually humbling and strangely thrilling, especially because it pairs rigorous reasoning with big real-world questions.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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