Publisher Summary This chapter discusses the social choice theory. There is social choice
problems, which deals with methods of marshalling information, particularly those relating to …

To BE A GOOD PERSON, one must take ethics seriously. But can the same be said about
being a good economist? Does morality matter to economic analysis? It would be idle to …

John Dryden wrote in 1698, in the Epistle to Peter Antony Motteux,''Words, once my stock,
are wanting to commend/So great a poet and so good a friend.''It is not easy to talk about a …

The noted economist and philosopher Amartya Sen argues that the dictum “all people are
created equal” serves largely to deflect attention from the fact that we differ in age, gender …

Rationality and freedom are among the most profound and contentious concepts in
philosophy and the social sciences. In two volumes on rationality, freedom, and justice, the …

This book shows through argument and numerous policy-related examples how
understanding moral philosophy can improve economic analysis, how moral philosophy can …

“A camel,” it has been said,“is a horse designed by a committee.” This might sound like a
telling example of the terrible deficiencies of committee decisions, but it is really much too …

Is capitalism inherently predatory? Must there be winners and losers? Is public interest
outdated and free-riding rational? Is consumer choice the same as self-determination? Must …

The act of choosing can have particular relevance in maximizing behavior for at least two
distinct reasons:(1) process significance (preferences may be sensitive to the choice …

Rationality and Social ChoiceT Page 1 Rationality and Social ChoiceT By AMARTYA SEN i“
While Aristotle agreed with Agathon that even God could not change the past, he did think that …