The three major themes of Janos Kornai's work reflected in the title of this book--planning, shortage, and transition, or transformation--figure prominently in the essays. After a philosophical introd
The three major themes of Janos Kornai's work reflected in the title of this book-planning, shortage, and transition, or transformation-figure prominently in the essays.The three major themes of Janos
Originally published in 1951, Social Choice and Individual Values introduced “Arrow’s Impossibility Theorem” and founded the field of social choice theory in economics and political science. This new
This book honours Partha Dasgupta, and the field he helped establish; environment and development economics. It concerns the relationship between social systems (to include families, local communities
Kenneth Arrow's pathbreaking "impossibility theorem" was a watershed in the history of welfare economics, voting theory, and collective choice, demonstrating that there is no voting rule that satisfie