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612-822-4611
Decisions and Elections

Decisions and Elections

Paperback

Business GeneralEconomics

ISBN10: 0521004047
ISBN13: 9780521004046
Publisher: Cambridge University Press
Published: Oct 22 2001
Pages: 254
Weight: 0.81
Height: 0.53 Width: 6.08 Depth: 9.06
Language: English
This highly accessible book offers undergraduates and professionals a new, different interpretation and resolution of Arrow's and Sen's theorems. Using simple mathematics, it shows that these negative conclusions arise because, in each case, some of their assumptions negate other crucial assumptions. Once this is understood, not only do the conclusions become expected, but a wide class of other phenomena can also be anticipated. These include inter alia legislative cycles, supply and demand economics, statistical paradoxes, and diverse voting/election paradoxes.

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Business General