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Economics - Economic Theory | Rational Choice and Social Welfare - Theory and Applications

Rational Choice and Social Welfare

Theory and Applications

Essays in Honor of Kotaro Suzumura

Pattanaik, P.K., Tadenuma, K., Xu, Y., Yoshihara, N. (Eds.)

2008

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  • Presents frontier research on theories of rational choice and social welfare
  • Includes applications to resource allocations; population ethics; demand for money; individual rights; measuring vulnerability, diversity, and changes in individual welfare

The papers in this volume explore various issues relating to theories of rational choice and social welfare and their applications. The topics include resource allocation problems, population ethics, rationalizability of choice functions and demand functions for money, game theory, individual rights, and measurements of vulnerability, diversity, and changes in individual welfare. Researchers and advanced graduate students who want to learn more about such topics will find the book very useful.

Content Level » Research

Keywords » Fair Allocation - Individual Rights - Rational Choice - Social Welfare - Unemployment - economics - economy - efficiency - employment - game theory - invariance - social choice - welfare

Related subjects » Economic Theory - Political Science - Public Finance

Table of contents 

Arrovian Social Choice Theory and its Developments.- Limited Rights as Partial Veto and Sen’s Impossibility Theorem.- Harmless Homotopic Dictators.- Remarks on Population Ethics.- On Non-Welfarist Social Ordering Functions.- Social Choice and Fair Allocations.- Monotonicity and Solidarity Axioms in Economics and Game Theory.- To Envy or To Be Envied? Refinements of the Envy Test for the Compensation Problem.- Choice-Consistent Resolutions of the Efficiency-Equity Trade-Off.- Characterization of the Maximin Choice Function in a Simple Dynamic Economy.- Rational Choice, Individual Welfare, and Games.- Suzumura Consistency.- On the Microtheoretic Foundations of Cagan’s Demand for Money Function.- Hicksian Surplus Measures of Individual Welfare Change When There is Price and Income Uncertainty.- Beyond Normal Form Invariance: First Mover Advantage in Two-Stage Games with or without Predictable Cheap Talk.- Social Welfare and the Measurement of Unemployment and Diversity.- Unemployment and Vulnerability: A Class of Distribution Sensitive Measures, its Axiomatic Properties, and Applications.- Ordinal Distance, Dominance, and the Measurement of Diversity.- Erratum.

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