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November 1, 1951Economica7,897 citations

Social Choice and Individual Values.

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GSG. L. S. ShackleKAKenneth J. Arrow

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Abstract

Originally published in 1951, Social Choice and Individual Values introduced 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

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Shackle et al. (1951) studied this question.

synapsesocial.com/papers/6a0d0a573736e3f7aa7c7f67https://doi.org/10.2307/2549613
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