Decisions & Elections Explaining the Unexpected

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  • Engels
  • Paperback
  • 9780521004046
  • 22 oktober 2001
  • 254 pagina's
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This highly accessible book offers undergraduates, graduates 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.



It is not uncommon to be frustrated by the outcome of an election or a decision in voting, law, economics, engineering, and other fields. Does this 'bad' result reflect poor data or poorly informed voters? Or does the disturbing conclusion reflect the choice of the decision/election procedure? Nobel Laureate Kenneth Arrow's famed theorem has been interpreted to mean 'no decision procedure is without flaws'. Similarly, Nobel Laureate Amartya Sen dashes hope for individual liberties by showing their incompatibility with societal needs. This highly accessible book offers 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.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Paperback
Oorspronkelijke releasedatum
22 oktober 2001
Aantal pagina's
254
Illustraties
Nee

Betrokkenen

Hoofdauteur
Donald G. Saari
Tweede Auteur
D. Saari
Hoofduitgeverij
Cambridge University Press

Overige kenmerken

Editie
illustrated edition
Extra groot lettertype
Nee
Product breedte
152 mm
Product hoogte
19 mm
Product lengte
229 mm
Studieboek
Ja
Verpakking breedte
153 mm
Verpakking hoogte
230 mm
Verpakking lengte
229 mm
Verpakkingsgewicht
358 g

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EAN
9780521004046
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