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Decisions and Elections: Explaining the Unexpected
Hardback
Main Details
| Title |
Decisions and Elections: Explaining the Unexpected
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| Authors and Contributors |
By (author) Donald G. Saari
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| Physical Properties |
| Format:Hardback | | Pages:256 | | Dimensions(mm): Height 239,Width 158 |
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| Category/Genre | Economic theory and philosophy
Engineering - general |
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| ISBN/Barcode |
9780521808163
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| Classifications | Dewey:320.019 |
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| Audience | | Tertiary Education (US: College) | | Professional & Vocational | |
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| Illustrations |
16 Line drawings, unspecified
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Publishing Details |
| Publisher |
Cambridge University Press
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| Imprint |
Cambridge University Press
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| Publication Date |
22 October 2001 |
| Publication Country |
United Kingdom
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Description
This highly accessible book offers undergraduates and professionals a new, different interpretation and resolution of Arrow's and Sen's theorems. Using simple mathematics, it shows that these negative conclusions arise because, in each case, some of their assumptions negate other crucial assumptions. Once this is understood, not only do the conclusions become expected, but a wide class of other phenomena can also be anticipated. These include inter alia legislative cycles, supply and demand economics, statistical paradoxes, and diverse voting/election paradoxes.
Reviews"Explains the difficulties and concepts of decision theory without deep mathematical analysis and equations." Journal of Economic Literature
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