The centuries-old paradox of voting is that majorities sometimes prefer x to y, y to z, and z to x - a cycle. The discovery of the sources and consequences of s

The mathematical theory of voting has intellectual roots extending back two centuries to the writings of Borda and Condorcet. Yet it has only been in the last f

This book covers the main topics of welfare economics — general equilibrium models of exchange and production, Pareto optimality, un certainty, externalities

Behavioral Social Choice looks at the probabilistic foundations of collective decision-making rules. The authors challenge much of the existing theoretical wisd

These original contributions by some of today's leading macroeconomists and political economists explore a broad spectrum of social, political, and technologica