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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 …
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This article--designed to give readers unfamiliar with public choice a historical overview and flavor for the kinds of problems considered--is divided into three main sections, "historical origins," the "modern founders of MPE," and a brief description of some "current issues" studied by public...
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