This second part of a two-volume set continues to describe economists' efforts to quantify the social decisions people necessarily make and the philosophies that those choices define. Contributors draw on lessons from philosophy, history, and other disciplines, but they ultimately use editor Kenneth Arrow's seminal work on social choice as a jumping-off point for discussing ways to incentivize, punish, and distribute goods.
Develops many subjects from Volume 1 (2002) while introducing new themes in welfare economics and social choice theory
Features four sections:...
This second part of a two-volume set continues to describe economists' efforts to quantify the social decisions people necessarily make and the philos...
