Axioms of Cooperative Decision Making
Axioms of Cooperative Decision Making
$82.00
USDProblems of fair division, equitable cost-sharing, division of a joint benefit, or the choice of a truly democratic voting rule are familiar subjects of dispute in technologically advanced democracies. This book provides a comprehensive and unified presentation of these technically heterogeneous subjects that are linked by common axioms.
- Original and forceful argument
- Author is recognized authority in decision making theory
- Includes many application examples
Reviews & endorsements
"A most valuable contribution to the essence of the social sciences, and especially of economics: how agents, be they collective or individual, make choices." Georges Bernard, Centre National de la Recherche Scientifique
"This book is a real pedagogical tour de force...it is beautifully produced thanks to the Econometric Society and Cambridge University Press. It is not only highly recommended but, in the reviewer's opinion, an obligatory reading for every theoretically inclined economist or political scientist." Maurice Salles, University of Caen
"...the volume will be most useful as an introduction and guide to the axiomatic literature. Exposition throughout the book is uniformly clear and beautifully concise." Journal of Economic Literature
Product details
November 1988Hardback
9780521360555
348 pages
235 × 159 × 23 mm
0.585kg
40 b/w illus. 2 tables
Available
Table of Contents
- Foreword Amartya Sen
- Acknowledgements
- Introduction
- Overview
- Part I. Welfarism:
- 1. Egalitarianism versus utilitarianism
- 2. Social welfare orderings
- 3. Axiomatic bargaining
- 4. Cost-sharing schemes and the core
- 5. Values of cooperative games
- Part III. Public decision mechanisms:
- 6. Equal versus proportional sharing
- 7. Regulated monopoly
- 8. Strategyproof mechanisms
- 9. Majority voting and scoring methods
- 10. Strategyproofness and core stability
- 11. Aggregation of preferences
- Bibliography
- Indexes.
