The Theory of Public Choice--II

The Theory of Public Choice--II

Discusses voting, tax policy, government regulation, redistribution of wealth, and international negotiation in a new approach to government

Notes On The Theory Of Choice

Notes On The Theory Of Choice

In this book, Professor Kreps presents a first course on the basic models of choice theory that underlie much of economic theory. This course, taught for several years at the Graduate School of Business, Stanford University, gives the student an introduction to the axiomatic method of economic analysis, without placing too heavy a demand on mathematical sophistication.The course begins with the basics of choice and revealed preference theory and then discusses numerical representations of ordinal preference. Models with uncertainty come next: First is von Neumann–Morgenstern utility, and then choice under uncertainty with subjective uncertainty, using the formulation of Anscombe and Aumann, and then sketching the development of Savage's classic theory. Finally, the course delves into a number of special topics, including de Finetti's theorem, modeling choice on a part of a larger problem, dynamic choice, and the empirical evidence against the classic models.

Papers on the Theory of Choice

Rational Behavior, Uncertain Prospects, and Measurable Utility

Papers on the Theory of Choice


Information, Participation, and Choice

An Economic Theory of Democracy in Perspective

Information, Participation, and Choice

A review of the consequences for political science of Anthony Downs's seminal work.

Rational Choice Theory and Religion

Summary and Assessment

Rational Choice Theory and Religion

Rational Choice Theory and Religion considers one of the major developments in the social scientific paradigms that promises to foster a greater theoretical unity among the disciplines of sociology, political science, economics and psychology. Applying the theory of rational choice--the theory that each individual will make her choice to maximize gain and minimize cost--to the study of religion, Lawrence Young has brought together a group of internationally renowned scholars to examine this important development within the field of religion for the first time.

Choice of Techniques

An Aspect of the Theory of Planned Economic Development

Choice of Techniques


Rational Choice and Social Exchange

A Critique of Exchange Theory

Rational Choice and Social Exchange

This 1976 book provides a systematic exposition of the principle components of exchange theory, and goes on to give a critique of these theories, paying particular attention to the success of their empirical applications. It concludes that exchange theory has an important part to play in the development of social science.

Individual Choice Under Certainty and Uncertainty

Individual Choice Under Certainty and Uncertainty

The third volume of Arrow's Collected Papers concerns the basic concept of rationality as it applies to an economic decision maker. In particular, it addresses the problem of choice faced by consumers in a multicommodity world and presents specific models of choice useful in economic analysis. It also discusses choice models under uncertainty.

Ideology and the Theory of Political Choice

Ideology and the Theory of Political Choice

A pioneering effort to integrate ideology with formal political theory