Handbook of social choice and welfare : volume 2

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