Studies in Economic Design

Social Choice Mechanisms

Authors: Danilov, Vladimir I., Sotskov, Alexander I.

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About this book

The theory of social choice deals with both the processes and results of col­ lective decision making. In this book, we explore some issues in the theory of social choice and mechanism design. We examine the premises of this theory, the axiomatic approach, and the mechanism design approach. The main questions are what is collective interest, how is it related to individuals' interests, how should one design social interactions, laws, and in­ stitutions? These questions are not new. Philosophers, social scientists have indeed pondered upon them for years. And, in fact, the organizational struc­ tures of many social institutions -courts, parliaments, committees and reg­ ulatory boards -often lack a sound theoretical base. This is not surprising, as it is, indeed, difficult to provide for a comprehensive formalization of the activities of such organizations. Nevertheless, there has been a definite trend towards providing clear and unambiguous rules for collective decision mak­ ing. These very rules constitute the body of social choice theory and its main object. The basic problem of social choice We explain here more precisely what a problem of social choice is, what approaches might be used to tackle it, and what kind of solutions it leads to. We introduce a few basic notions in preliminarily fashion and, in doing so, we stress both motivations and explanations.

Reviews

From the reviews:

"This is a fine addition to a growing list of books on the theory of incentives. … the material is very well presented. I particularly like the selection of examples and the way in which they are used. … Social Choice Mechanisms will be a valuable research tool. … it is quite easy to move around in the book. … I found a lot of gems that I had not come across before, even though I was fairly familiar with the terrain." (Donald E. Campbell, Social Choice and Welfare, Vol. 21 (3), 2003)


Table of contents (6 chapters)

  • Introduction

    Danilov, Vladimir I. (et al.)

    Pages 1-8

  • Basic Concepts

    Danilov, Vladimir I. (et al.)

    Pages 9-44

  • Nash-consistent Mechanisms

    Danilov, Vladimir I. (et al.)

    Pages 45-71

  • Strategy-proof Mechanisms

    Danilov, Vladimir I. (et al.)

    Pages 73-109

  • Cores and Stable Blockings

    Danilov, Vladimir I. (et al.)

    Pages 111-143

Buy this book

eBook $149.00
price for USA (gross)
  • ISBN 978-3-540-24805-7
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $189.00
price for USA
  • ISBN 978-3-540-43105-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $189.00
price for USA
  • ISBN 978-3-642-07715-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Social Choice Mechanisms
Authors
Series Title
Studies in Economic Design
Copyright
2002
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-540-24805-7
DOI
10.1007/978-3-540-24805-7
Hardcover ISBN
978-3-540-43105-3
Softcover ISBN
978-3-642-07715-9
Series ISSN
2510-3970
Edition Number
1
Number of Pages
VI, 191
Topics