Social choice and individual values

Intro -- COWLES COMMISSION FOR RESEARCH IN ECONOMICS -- DEDICATION -- ACKNOWLEDGMENTS -- CHAPTER I - INTRODUCTION -- 1. THE TYPES OF SOCIAL CHOICE -- 2. SOME LIMITATIONS OF THE ANALYSIS -- CHAPTER II - THE NATURE OF PREFERENCE AND CHOICE -- 1. MEASURABILITY AND INTERPERSONAL COMPARABILITY OF UTILITY -- 2. A NOTATION FOR PREFERENCES AND CHOICE -- 3. THE ORDERING OF SOCIAL STATES -- 4. A DIGRESSION ON RATIONALITY AND CHOICE -- CHAPTER III - THE SOCIAL WELFARE FUNCTION -- 1. FORMAL STATEMENT OF THE PROBLEM OF SOCIAL CHOICE -- 2. POSITIVE ASSOCIATION OF SOCIAL AND INDIVIDUAL VALUES -- 3. THE INDEPENDENCE OF IRRELEVANT ALTERNATIVES -- 4. THE CONDITION OF CITIZENS' SOVEREIGNTY -- 5. THE CONDITION OF NON-DICTATORSHIP -- 6. THE SUMMATION OF UTILITIES -- CHAPTER IV - THE COMPENSATION PRINCIPLE -- 1. THE PAYMENT OF COMPENSATION -- 2. THE POSSIBILITY OF COMPENSATION -- CHAPTER V - THE GENERAL POSSIBILITY THEOREM FOR SOCIAL WELFARE FUNCTIONS -- 1. THE NUMBER OF ALTERNATIVES -- 2. TWO INDIVIDUALS AND THREE ALTERNATIVES -- 3. PROOF OF THE GENERAL POSSIBILITY THEOREM -- 4. INTERPRETATION OF THE GENERAL POSSIBILITY THEOREM -- CHAPTER VI - THE INDIVIDUALISTIC ASSUMPTIONS -- 1. STATEMENT OF THE ASSUMPTIONS -- 2. THE POSSIBILITY THEOREM UNDER INDIVIDUALISTIC ASSUMPTIONS -- 3. QUASI-ORDERINGS AND COMPATIBLE WEAK ORDERINGS -- 4. AN EXAMPLE -- 5. A ONE-COMMODITY WORLD -- 6. GROUP CHOICE IN THE THEORY OF GAMES -- 7. DISTRIBUTIONAL ETHICS COMBINED WITH INDIVIDUALISM -- CHAPTER VII - SIMILARITY AS THE BASIS OF SOCIAL WELFARE JUDGMENTS -- 1. COMPLETE UNANIMITY -- 2. THE CASE OF SINGLE-PEAKED PREFERENCES -- 3. THE IDEALIST POSITION AND THE CONCEPT OF CONSENSUS -- 4. KNOWLEDGE AND THE MEANING OF SOCIAL ALTERNATIVES -- 5. PARTIAL UNANIMITY -- 6. THE DECISION PROCESS AS A VALUE -- REFERENCES.

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 edition, including a new foreword by Nobel laureate Eric Maskin, reintroduces Arrow's seminal book to a new generation of students and researchers."Far beyond a classic, this small book unleashed the ongoing explosion of interest in social choice and voting theory. A half-century later, the book remains full of profound insight: its central message, 'Arrow's Theorem,' has changed the way we think."—Donald G. Saari, author of Decisions and Elections: Explaining the Unexpected

Cover -- CONTENTS -- I. INTRODUCTION -- II. THE NATURE OF PREFERENCE AND CHOICE -- III. THE SOCIAL WELFARE FUNCTION -- IV. THE COMPENSATION PRINCIPLE -- V. THE GENERAL POSSIBILITY THEOREM FOR SOCIAL WELFARE FUNCTIONS -- VI. THE INDIVIDUALISTIC ASSUMPTIONS -- VII. SIMILARITY AS THE BASIS OF SOCIAL WELFARE JUDGMENTS -- VIII. NOTES ON THE THEORY OF SOCIAL CHOICE, 1963 -- INDEX -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U -- V -- W -- Z.