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Arrow and the Problem of Social Choice

In: Arrow and the Foundations of the Theory of Economic Policy

Author

Listed:
  • Kotaro Suzumura
  • Koichi Suga

Abstract

According to Kenneth Arrow, ‘the problem of social choice is the aggregation of the multiplicity of individual preference scales about alternative social actions’ (Arrow 1967, p. 12). Numerous problems, different from each other in many important respects, fit into this general characterization. The voluminous literature on the preference aggregation problems has extensively utilized the uniform and abstract framework of the axiomatic social choice theory (basically due to Arrow’s (1951) seminal work) for analysing these essentially different problems.

Suggested Citation

  • Kotaro Suzumura & Koichi Suga, 1987. "Arrow and the Problem of Social Choice," Palgrave Macmillan Books, in: George R. Feiwel (ed.), Arrow and the Foundations of the Theory of Economic Policy, chapter 7, pages 255-271, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-07357-3_8
    DOI: 10.1007/978-1-349-07357-3_8
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