The handbook of rational and social choice : an overview of new foundations and applications

The Handbook of Rational and Social Choice provides an overview of issues arising in work on the foundations of decision theory and social choice over the past three decades. Drawing on work by economic theorists mainly, but also with contributions from political science, philosophy and psychology, the collection shows how the related areas of decision theory and social choice have developed in their applications and moved well beyond the basic models of expected utility and utilitarian approaches to welfare economics. Containing twenty-three contributions, in many cases by leading figures in their fields, the handbook shows how the normative foundations of economics have changed dramatically as more general and explicit models of utility and group choice have been developed. This is perhaps the first time these developments have been brought together in a manner that seeks to identify and make accessible the recent themes and developments that have been of particular interest to researchers in recent years. The collection will be of particular value to researchers in economics with interests in utility or welfare but it will also be of interest to any social scientist or philosopher interested in theories of rationality or group decision-making. Contents......Page 6 List of Contributors......Page 9 Introduction......Page 12 PART I: UTILITY THEORY, RATIONALITY, AND DECISION-MAKING......Page 30 1. Expected Utility Theory......Page 32 2. Rank-Dependent Utility......Page 80 3. Applications of Non-Expected Utility......Page 101 4. Ambiguity......Page 124 5. The Normative Status of the Independence Principle......Page 151 6. Rationality and Intransitive Preference: Foundations for the Modern View......Page 167 7. Dutch Book Arguments......Page 184 8. Experimental Tests of Rationality......Page 207 9. State-Dependent Utility......Page 233 10. Choice over Time......Page 250 11. Imitation and Learning......Page 282 12. Diversity......Page 309 PART II: SOCIAL CHOICE AND WELFARE......Page 332 13. Limits of Utilitarianism as the Ethical Basis of Public Action......Page 334 14. Consequentialism and Non-Consequentialism: The Axiomatic Approach......Page 357 15. Freedom of Choice......Page 385 16. Responsibility......Page 404 17. Equality and Priority......Page 422 18. Rawlsian Justice......Page 444 19. Judgment Aggregation......Page 468 20. Population Ethics......Page 494 21. Distributive Justice: An Overview of Experimental Evidence......Page 512 22. Social Choice in Health and Health Care......Page 535 23. The Capabilities Approach......Page 553 B......Page 578 C......Page 579 D......Page 580 E......Page 581 G......Page 582 I......Page 583 K......Page 584 M......Page 585 O......Page 586 P......Page 587 R......Page 588 S......Page 589 U......Page 590 W......Page 591 Z......Page 592 Expected Utility Theory / Simon Grant And Timothy Van Zandt -- Rank-dependent Utility / Mohammed Abdellaoui -- Applications Of Non-expected Utility / Han Bleichrodt And Ulrich Schmidt -- Ambiguity / Jurgen Eichberger And David Kelsey -- The Normative Status Of The Independence Principle / Edward F. Mcclennen -- Rationality Of Intransitive Preference : Foundations For The Modern View / Paul Anand -- Dutch Book Arguments / Alan Ha Jek -- Experimental Tests Of Rationality / Daniel Read -- State-dependent Utility / Edi Karni -- Choice Over Time / Paola Manzini And Marco Mariotti -- Imitation And Learning / Carlos Alós-ferrer And Karl H. Schlag -- Diversity / Klaus Nehring And Clemens Puppe -- Limits Of Utilitarianism As The Ethical Basis Of Public Action / Prasanta K. Pattanaik -- Consequentialism And Non-consequentialism : The Axiomatic Approach / Kotaro Suzumura And Yongsheng Xu -- Freedom Of Choice / Keith Dowding And Martin Van Hees -- Responsibility / Marc Fleurbaey -- Equality And Priority / Bertil Tungodden -- Rawlsian Justice / Fabienne Peter -- Judgment Aggregation / Christian List And Clemens Puppe -- Population Ethics / Charles Blackorby, Walter Bossert, And David Donaldson -- Distributive Justice : An Overview Of Experimental Evidence / Wulf Gaertner -- Social Choice In Health And Health Care / Aki Tsuchiya And John Miyamoto -- The Capabilities Approach / Erik Schokkaert. Edited By Paul Anand, Prasanta K. Pattanaik And Clemens Puppe. Includes Bibliographical References And Index. Expected utility theory / Simon Grant and Timothy Van Zandt Rank-dependent utility / Mohammed Abdellaoui Applications of non-expected utility / Han Bleichrodt and Ulrich Schmidt Ambiguity / Jurgen Eichberger and David Kelsey The normative status of the independence principle / Edward F. McClennen Rationality of intransitive preference : foundations for the modern view / Paul Anand Dutch book arguments / Alan Ha jek Experimental tests of rationality / Daniel Read State-dependent utility / Edi Karni Choice over time / Paola Manzini and Marco Mariotti Imitation and learning / Carlos Alo s-Ferrer and Karl H. Schlag Diversity / Klaus Nehring and Clemens Puppe Limits of utilitarianism as the ethical basis of public action / Prasanta K. Pattanaik Consequentialism and non-consequentialism : the axiomatic approach / Kotaro Suzumura and Yongsheng Xu Freedom of choice / Keith Dowding and Martin van Hees Responsibility / Marc Fleurbaey Equality and priority / Bertil Tungodden Rawlsian justice / Fabienne Peter Judgment aggregation : a survey / Christian List and Clemens Puppe Population ethics / Charles Blackorby, Walter Bossert, and David Donaldson Distributive justice : an overview of experimental evidence / Wulf Gaertner Social choice in health and health care / Aki Tsuchiya and John Miyamoto The capabilities approach / Erik Schokkaert. Contents 6 List of Contributors 9 Introduction 12 PART I: UTILITY THEORY, RATIONALITY, AND DECISION-MAKING 30 1. Expected Utility Theory 32 2. Rank-Dependent Utility 80 3. Applications of Non-Expected Utility 101 4. Ambiguity 124 5. The Normative Status of the Independence Principle 151 6. Rationality and Intransitive Preference: Foundations for the Modern View 167 7. Dutch Book Arguments 184 8. Experimental Tests of Rationality 207 9. State-Dependent Utility 233 10. Choice over Time 250 11. Imitation and Learning 282 12. Diversity 309 PART II: SOCIAL CHOICE AND WELFARE 332 13. Limits of Utilitarianism as the Ethical Basis of Public Action 334 14. Consequentialism and Non-Consequentialism: The Axiomatic Approach 357 15. Freedom of Choice 385 16. Responsibility 404 17. Equality and Priority 422 18. Rawlsian Justice 444 19. Judgment Aggregation 468 20. Population Ethics 494 21. Distributive Justice: An Overview of Experimental Evidence 512 22. Social Choice in Health and Health Care 535 23. The Capabilities Approach 553 Index 578 A 578 B 578 C 579 D 580 E 581 F 582 G 582 H 583 I 583 J 584 K 584 L 585 M 585 N 586 O 586 P 587 Q 588 R 588 S 589 T 590 U 590 V 591 W 591 X 592 Y 592 Z 592 ## Abstract This book provides an overview of issues arising in work on the foundations of decision theory and social choice over the past three decades. Drawing on work by economic theorists mainly, but also with contributions from political science, philosophy, and psychology, the collection shows how the related areas of decision theory and social choice have developed in their applications and moved well beyond the basic models of expected utility and utilitarian approaches to welfare economics. Containing twenty‐three contributions, in many cases by leading figures in their fields, this book shows how the normative foundations of economics have changed dramatically as more general and explicit models of utility and group choice have been developed. This is perhaps the first time these developments have been brought together in a manner that seeks to identify and make accessible the recent themes and developments that have been of particular interest to researchers in recent years. "The Handbook of Rational and Social Choice provides an overview of issues arising in work on the foundations of decision theory and social choice over the past three decades. Drawing on work by economic theorists mainly, but also with contributions from political science, philosophy and psychology, the collection shows how the related areas of decision theory and social choice have developed in their applications and moved well beyond the basic models of expected utility and utilitarian approaches to welfare economics." --Résumé de l'éditeur This volume provides an overview of issues arising in work on the foundations of decision theory & social choice. The collection will be of value to researchers in economics with interests in utility or welfare, but also to any social scientist or philosopher interested in theories of rationality or group decision-making Printbegrænsninger: Der kan printes 1 kapitel eller op til 5% af teksten