In this ambitious book, the authors challenge mainstream economic theory by reconsidering the principle of …In this book the authors challenge mainstream economic theory by removing the principle of individualism from its …

theory and welfare economics. The first volume consists of four parts. In Part 1 (Arrovian Impossibility Theorems), various …-sharing mechanisms are examined axiomatically, and some aspects of the modern theory of incentives and mechanism design are expounded and … status of utilitarianism as a theory of justice is critically examined. It also provides an analytical survey of the …