Economics Dictionary of ArgumentsHome | |||
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Social Choice Theory - Economics Dictionary of Arguments | |||
Social choice theory: The Social choice theory examines collective decision-making processes within societies. It explores how individual preferences combine to make group choices, often using mathematical models. This theory delves into voting systems, societal preferences, and how to aggregate individual opinions into a collective decision, considering factors like fairness, efficiency, and the impact of different voting mechanisms on outcomes. See also Public Choice, Rational Choice, Rationality, Decisions, Decision Theory, Decision-making processes, Models, Model theory, Preferences, Efficiency, Fairness, Society._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Item | More concepts for author | |
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Dryzek, John S. | Social Choice Theory | Dryzek, John S. | |
Ed. Martin Schulz, access date 2024-03-29 |