Collective Decision Making: An Economic Outlook

by Shmuel Nitzan and Jacob Paroush

This book provides an economic approach to the study of collective decision making. In Social Choice theory, the main problem of collective decision making is normally conceived of as one of aggregating diverse individual preferences. However, in practice, objectives are often common to the individuals - whether, for instance, in the firm, or where a medical diagnosis is required - but the information available to each individual, and their ability...

• Format: Hardcover
• Language: English
• ISBN: 0521303265
• ISBN13: 9780521303262
• Release Date: January 1986
• Publisher: Cambridge University Press
• Length: 142 Pages
• Weight: 0.66 lbs.
• Dimensions: 0.5" x 6.2" x 9.3"