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The Handbook of Rational and Social Choice provides an overview of issues arising in work on the foundations of decision theory and social choice over the past three decades. Drawing on work by economic theorists mainly, but also with contributions from political science, philosophy and psychology, the collection shows how the related areas of decision theory and social choice have developed in their applications and moved well beyond the basic models of expected utility and utilitarian approaches to welfare economics.Containing twenty-three contributions, in many cases by leading figures in their fields, the handbook shows how the normative foundations of economics have changed dramatically as more general and explicit models of utility and group choice have been developed. This is perhaps the first time these developments have been brought together in a manner that seeks to identify and make accessible the recent themes and developments that have been of particular interest to researchers in recent years. The collection will be of particular value to researchers in economics with interests in utility or welfare but it will also be of interest to any social scientist or philosopher interested in theories of rationality or group decision-making.
This volume investigates the evolution of decision theory and social choice, addressing how foundational models have expanded beyond traditional expected utility and utilitarian frameworks over the last thirty years. The editors, Clemens Puppe, Paul Anand, and Prasanta K. Pattanaik, curate a collection of twenty-three scholarly contributions that synthesize interdisciplinary research from economics, philosophy, political science, and psychology. The text argues that the normative foundations of economics have undergone a significant shift toward more explicit, generalized models of utility and collective decision-making.
What You Will Find
Experts identify this collection as a foundational reference for researchers and graduate students navigating the complexities of rational choice. Readers frequently note the academic density of the prose, which serves as a rigorous survey of the field's recent intellectual trajectory.
Page Count:
624
Publication Date:
2009-03-15
Publisher:
Oxford University Press
ISBN-10:
0199290423
ISBN-13:
9780199290420
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