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9780521063791

Essays in Honor of Kenneth J. Arrow

by
  • ISBN13:

    9780521063791

  • ISBN10:

    0521063795

  • Edition: 1st
  • Format: Paperback
  • Copyright: 2008-06-05
  • Publisher: Cambridge University Press

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Summary

Professor Kenneth J. Arrow is one of the most distinguished economic theorists. He has played a major role in shaping the subject and is honoured by the publication of three volumes of essays on economic theory. Each volume deals with a different area of economic theory. The books include contributions by some of the best economic theorists from the United States, Japan, Israel and Europe.

Table of Contents

Social Choice
Consequentialist social norms for public decisions
Information and invariance in normative choice
Utilitarian morality in a world of very half-hearted altruists
On the implementation of social choice rules in irrational societies
Walrasian social choice: some simple axiomatic approaches
Decision Making in the Public Sector
Testing for optimality in the absence of convexity
Toward a theory of planning
On the social risk premium
A problem of financial market equilibrium when the timing of tax payments is indeterminate
The shadow price of capital: implications for the opportunity cost of public programs, the burden of the debt, and tax reform
Table of Contents provided by Publisher. All Rights Reserved.

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