TY - BOOK AU - Maskin,Eric AU - Sen,Amartya AU - Arrow,Kenneth J. AU - Dasgupta,Partha AU - Pattanaik,Prasanta K. AU - Stiglitz,Joseph E. TI - The Arrow Impossibility Theorem SN - 9780231153287 PY - 2014/// CY - New York PB - Columbia University Press KW - Economia KW - Economia del benestar KW - Estat del benestar KW - Sociologia KW - Canvi social KW - Models matemàtics KW - ECONOMÍA KW - ECONOMY KW - ESTADO DEL BIENESTAR KW - WELFARE STATE KW - TEORÍA ECONÓMICA KW - ECONOMIC THEORY KW - DEMOCRACIA KW - DEMOCRCY KW - HISTORIA ECONÓMICA KW - ECONOMIC HISTORY KW - MODELOS MATEMÁTICOS KW - MATHEMATICAL MODELS KW - CAMBIO SOCIAL KW - SOCIAL CHANGE KW - Teorema de la imposibilidad de Arrow KW - Arrow's impossibility theorem N2 - Kenneth J. Arrow's pathbreaking "impossibility theorem" was a watershed innovation in the history of welfare economics, voting theory, and collective choice, demonstrating that there is no voting rule that satisfies the four desirable axioms of decisiveness, consensus, nondictatorship, and independence. In this book Eric Maskin and Amartya Sen explore the implications of Arrow's theorem. Sen considers its ongoing utility, exploring the theorem's value and limitations in relation to recent research on social reasoning, and Maskin discusses how to design a voting rule that gets us closer to the ideal-given the impossibility of achieving the ideal. The volume also contains a contextual introduction by social choice scholar Prasanta K. Pattanaik and commentaries from Joseph E. Stiglitz and Kenneth J. Arrow himself, as well as essays by Maskin, Dasgupta, and Sen outlining the mathematical proof and framework behind their assertions ER -