Kenneth Arrow Bücher

Inhaltsverzeichnis1. Rationalität: individuell und sozial gesehen.2. Organisation und Information.3. Agenda von Organisationen.4. Autorität und Verantwortung.Stichwortverzeichnis.Über Kenneth J. Arrow.

The book presents Kenneth Arrow's groundbreaking work that established modern social choice theory, integrating social ethics with voting and economic principles. Central to this study is the "General Possibility Theorem," also known as Arrow's impossibility theorem, which asserts that no social choice rule can meet certain reasonable criteria without imposing restrictions on individual preferences or the neutrality of alternatives. This work expands on the voting paradox, illustrating the potential instability of majority voting outcomes.

The tension between what we wish for and what we can get, between values and opportunities, exists even at the purely individual level. A hermit on a mountain may value warm clothing and yet be hard-pressed to make it from the leaves, bark, or skins he can find. But when many people are competing with each other for satisfaction of their wants, learning how to exploit what is available becomes more difficult. In this volume, Nobel Laureate Kenneth J. Arrow analyzes why - and how - human beings organize their common lives to overcome the basic economic problem: the allocation of scarce resources.