Essays on individual decision-making and social welfare
- New Delhi Oxford University Press 2009
- xiii,378p. 24 cm ; Hard Bound
Rs.950/-
Part 1. Individual Preferences and Choice. Chapter 1: On Choosing Rationality when Preferences are Fuzzy; Chapter 2: Soft Sets: An Ordinal Formulation with some Application to the Theory of Choice; Chapter 3: Falmagne and the Rationalization of Stochastic Choices in Terms of Random Orderings; Chapter 4: Stochastic Revealed Preferences and the Theory of Demand; Chapter 5: A General Revealed Preference Theory of Stochastic Demand; Chapter 6: Decision making Under completeUncertainty; Chapter 7: An Axiomatic Characterization of the Lexicographic maximin extension of an ordering over a set to the Power Set; Chapter 8: Median based extension of an ordering over a set to the Power Set: An Axiomatic Characterization; Part 2. Welfare Economics. Chapter 9: Little and Bergson on ArrowsConcept to Social Welfare; Chapter 10: Necessary and Sufficient Conditions for rational Choice under Majority Decision; Chapter 11: Distribution of Power Under Stochastic Social Choice Rules; Chapter 12: Risk Impersonality and the Social Welfare Function; Chapter 13: Individual Rights Revisited; Chapter 14: Game forms, Rights, and the Efficiency of Social Outcomes; Chapter 15: Individual Rights and Social Evaluation; Chapter 16: On ranking Opportunity Sets in Terms of Freedom of Choice; Chapter17: On Preferences and Freedom; Chapter 18: Minimal Relativism, Dominance and Standard of Living Comparisons Based on Functioning; Chapter 19: On Measuring Deprivation and the Standard of Living in a Multidimensional framework on the basis of aggregate data.
These essays by eminent economist Prasanta K. Pattanaik deal with two distinct areas. (i) the theory of decision making by individuals; and (ii) welfare economics and the theory of social choice.