Social Choice and Individual Values, Second edition
  • Sep 10, 1970
    144 p., 5 1/8 x 8

    ISBN: 9780300013641
  • Paper: $21.00 tx
Social Science

Series Information
Cowles Foundation Monographs Series

Social Choice and Individual Values, Second edition

  • Kenneth J. Arrow


"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

"Kenneth Arrow’s insightful comments on the issues underlying welfare economics are as fresh and relevant today as they were when they first appeared in 1951. They should be required reading for social scientists who concern themselves with public policy.”—Douglass C. North, Washington University, St. Louis

“Very few books on any subject start a new field of research and study, but this one has done so. Social Choice has had a vast literature, both books and articles in learned journals, and is taught in most universities. Here is a chance to read the original.”—Frank Hahn

"Kenneth Arrow joins Keynes, Rawls, and Von Neumann as the seminal shaping influences on social science and philosophy in the last half-century.  In public-social choice theory, Arrow's theorem changed the landscape and offered the standing challenge to be countenanced or countered.”—James M. Buchanan, Nobel Laureate, Economics, 1986

"This book constitutes a carefully worked out consideration of the feasibility of constructing an acceptable social welfare function. . . . Demands the attention of everyone concerned with economic policy."—Journal of Political Economy

Kenneth J. Arrow - Winner of the Nobel Prize