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Equity, Efficiency, and Social Choice
Equity Efficiency and Social Choice
Author: Donald E. Campbell
Professor K.J. Arrow's impossibility theorem uncovered elementary conditions under which dictatorial welfare functions are the only ones consistent with efficiency. This book proves that if the efficiency condition is relaxed in any way, then either social welfare function is independent of individual preferences, or else it is sensitive to the ...  more »
ISBN-13: 9780198287087
ISBN-10: 0198287089
Publication Date: 7/23/1992
Pages: 188
Reading Level: Baby-Preschool
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Publisher: Oxford Univ Pr (Sd)
Book Type: Hardcover
Members Wishing: 0
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