Collective Choice and Social Welfare
E20973
Collective Choice and Social Welfare is a foundational work in social choice theory that rigorously examines how individual preferences can be aggregated into collective decisions while addressing issues of welfare, justice, and fairness.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Collective Choice and Social Welfare canonical | 2 |
How this entity was disambiguated
This entity first appeared as the object of triple T168099 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Collective Choice and Social Welfare Context triple: [Amartya Sen, notableWork, Collective Choice and Social Welfare]
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A.
Nash bargaining solution
The Nash bargaining solution is a foundational concept in game theory that defines a fair and efficient outcome for two-party bargaining problems based on axioms of rationality and symmetry.
-
B.
Kalai–Smorodinsky bargaining solution
The Kalai–Smorodinsky bargaining solution is a cooperative game theory concept that selects a fair agreement between parties by preserving proportional gains relative to their best possible outcomes.
-
C.
expected utility theory (with John von Neumann)
Expected utility theory (with John von Neumann) is a foundational framework in economics and decision theory that models how rational agents make choices under uncertainty by maximizing the expected value of a utility function.
-
D.
Theory of Games and Economic Behavior
Theory of Games and Economic Behavior is a foundational 1944 book by John von Neumann and Oskar Morgenstern that established game theory as a rigorous mathematical framework for analyzing strategic decision-making in economics.
-
E.
Rubinstein bargaining model
The Rubinstein bargaining model is a foundational game-theoretic framework that analyzes how two parties reach agreement over time through alternating offers under the influence of impatience and strategic delay.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Collective Choice and Social Welfare Target entity description: Collective Choice and Social Welfare is a foundational work in social choice theory that rigorously examines how individual preferences can be aggregated into collective decisions while addressing issues of welfare, justice, and fairness.
-
A.
Nash bargaining solution
The Nash bargaining solution is a foundational concept in game theory that defines a fair and efficient outcome for two-party bargaining problems based on axioms of rationality and symmetry.
-
B.
Kalai–Smorodinsky bargaining solution
The Kalai–Smorodinsky bargaining solution is a cooperative game theory concept that selects a fair agreement between parties by preserving proportional gains relative to their best possible outcomes.
-
C.
expected utility theory (with John von Neumann)
Expected utility theory (with John von Neumann) is a foundational framework in economics and decision theory that models how rational agents make choices under uncertainty by maximizing the expected value of a utility function.
-
D.
Theory of Games and Economic Behavior
Theory of Games and Economic Behavior is a foundational 1944 book by John von Neumann and Oskar Morgenstern that established game theory as a rigorous mathematical framework for analyzing strategic decision-making in economics.
-
E.
Rubinstein bargaining model
The Rubinstein bargaining model is a foundational game-theoretic framework that analyzes how two parties reach agreement over time through alternating offers under the influence of impatience and strategic delay.
- F. None of above. chosen
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
academic monograph
ⓘ
book ⓘ non-fiction book ⓘ work in social choice theory ⓘ |
| aim |
to clarify how individual preferences can be aggregated into collective decisions
ⓘ
to examine the ethical foundations of social welfare judgments ⓘ to reconcile welfare, justice, and fairness in collective choice ⓘ |
| author | Amartya Sen ⓘ |
| contribution |
critique of purely ordinal approaches to welfare
ⓘ
defense of the possibility of interpersonal welfare comparisons ⓘ formal analysis of conditions for social welfare orderings ⓘ framework for evaluating social states ⓘ integration of welfare economics with social choice theory ⓘ |
| field |
economic theory
ⓘ
political philosophy ⓘ social choice theory ⓘ welfare economics ⓘ |
| genre |
economics literature
ⓘ
political economy literature ⓘ |
| hasPart |
analysis of equity and welfare comparisons
ⓘ
axiomatic analysis of social choice rules ⓘ discussion of Arrow-type impossibility results ⓘ treatment of rights and individual liberties ⓘ |
| influenced |
modern welfare economics
ⓘ
public choice theory ⓘ social evaluation of public policies ⓘ theory of justice debates ⓘ |
| language | English ⓘ |
| mainTopic |
Arrow’s impossibility theorem
ⓘ
aggregation of individual preferences ⓘ choice under social constraints ⓘ collective decision-making ⓘ collective rationality ⓘ equity and efficiency trade-offs ⓘ fairness ⓘ interpersonal comparisons of utility ⓘ justice ⓘ rights and liberties in social choice ⓘ social choice rules ⓘ social welfare ⓘ social welfare functions ⓘ value judgments in welfare economics ⓘ welfare judgments ⓘ |
| notableFor |
foundational status in social choice theory
ⓘ
linking formal social choice theory with normative ethics ⓘ rigorous axiomatic treatment of social choice ⓘ |
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Subject: Collective Choice and Social Welfare Description of subject: Collective Choice and Social Welfare is a foundational work in social choice theory that rigorously examines how individual preferences can be aggregated into collective decisions while addressing issues of welfare, justice, and fairness.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.