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Journal Article
History of Political Economy (2019) 51 (5): 827–865.
Published: 01 October 2019
...Herrade Igersheim The death of welfare economics has been declared several times. One of the reasons cited for these plural obituaries is that Kenneth Arrow’s impossibility theorem, as set out in his pathbreaking Social Choice and Individual Values in 1951, has shown that the social welfare...
Journal Article
History of Political Economy (2020) 52 (S1): 270–293.
Published: 01 December 2020
... of mechanical or biological systems to the abstract theory of choice and rationality, and demonstrates how the group was related to—and communicated with—the scholars doing work in social choice, mechanism design, and formal political theory. It also speculates on one missed research opportunity of doing...
Journal Article
History of Political Economy (2022) 54 (S1): 221–257.
Published: 01 December 2022
... stylized facts travel into political debates, and how the choices made in characterizing an aspect of economic life (such as controlling for full-time work, but little else) interact with social movement activism, and folk understandings of economic life. The gender wage gap was first calculated...
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Journal Article
History of Political Economy (2010) 42 (Suppl_1): 105–130.
Published: 01 December 2010
... revolutions from two different traditions: the systems analysis perspective of the RAND Corporation and the rational choice analysis from the public choice school of Virginia. We situate their views with reference to explanations offered by other social scientists, especially modernization and relative...
Journal Article
History of Political Economy 10438939.
Published: 21 February 2023
...Alexandra Quack; Catherine Herfeld Abstract One striking observation in the history of rational choice models is that those models have not only been used in economics but been spread widely across the social and behavioral sciences. How do such model transfers proceed? By closely studying...
Journal Article
History of Political Economy (2010) 42 (3): 443–467.
Published: 01 September 2010
... as the science of rational choice (section 1) and his
emphasis on mathematization, experimentation, and interdisciplinarity
as the proper methodology (section 2) closely relate to his definition
of uncertainty as the main characteristic of the social environment (sec-
tion 3) and to the claim...
Journal Article
History of Political Economy (2022) 54 (4): 719–744.
Published: 01 August 2022
... completely agree with you that he [Mises] commits the major error of identifying the logic of choice with the whole field of economic action” (Howson 2011 : 680). In the Lachmannian vision of economics, instead of one acontextual logic, what socially embedded individuals face are situational logics that may...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 295–315.
Published: 01 December 2016
..., then, Scitovsky’s approach was less distant from
the economic community and its use of psychology considered more
acceptable. Yet his effort to study the determinants of individual choice
and how they relate to individual and social well-being remains a unique
economic endeavor. The reason...
Journal Article
History of Political Economy (2010) 42 (4): 723–746.
Published: 01 November 2010
...William Dixon; David Wilson Combining elements of Adam Smith's third-party perspective with the evangelical view of life as a trial, Thomas Chalmers argued for a market-based social order. The viability of this order would depend on the capacity to develop character in response to the choices made...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 16–43.
Published: 01 December 2016
... of utility. Contemporary critics of rational choice theory take this naturalized image of the economic agent as its bogeyman, ignoring the social infrastructure that brought this agent, thinking as a merchant, into existence. The idea that we calculate captures a sociohistorical reality, rather than...
Journal Article
History of Political Economy (2021) 53 (4): 786–790.
Published: 01 August 2021
... in the history of welfare economics, clearly identified by Philippe Mongin (2002, 2006) and Antoinette Baujard (2016), is difficult if not impossible to see. There is a major omis- sion concerning social choice theory, which is tackled only with respect to Arrow s impossibility result or several works by Sen...
Journal Article
History of Political Economy (2001) 33 (3): 387–410.
Published: 01 September 2001
...Philippe Fontaine Correspondence may be addressed to Philippe Fontaine, École normale supérieure de Cachan, Départment d'Économie, 61, avenue du Président Wilson, 94235 Cachan Cedex, France. Duke University Press 2001 Arrow, Kenneth J. 1963 . Social Choice and Individual...
Journal Article
History of Political Economy (2000) 32 (Suppl_1): 289–324.
Published: 01 December 2000
...Steven G. Medema Correspondence may be addressed to Steven G. Medema, Department of Economics,Campus Box 181, University of Colorado at Denver, P. O. Box 173364, Denver, CO 80217-3364. Duke University Press 2000 Arrow, Kenneth J. 1951 . Social Choice and Individual Values . New...
Journal Article
History of Political Economy (2018) 50 (3): 511–548.
Published: 01 September 2018
...: A Suggested Framework .” Journal of Political Economy 57 ( 6 ): 496 – 505 . Buchanan James M. 1954a . “ Social Choice, Democracy, and Free Markets .” Journal of Political Economy 62 ( 2 ): 114 – 23 . Buchanan James M. 1954b . “ Individual Choice in Voting and the Market...
Journal Article
History of Political Economy (2022) 54 (5): 1005–1010.
Published: 01 October 2022
... of social choice theory, I note that the fourth such award given to Sen came from the University of Caen in 1987. Of the many prizes conferred on him, the most significant was the 1998 Sveriges Riksbank Prize in Economic Sciences, for his contribution to welfare economics, social choice theory...
Journal Article
History of Political Economy (1992) 24 (Supplement): 207–223.
Published: 01 December 1992
...William H. Riker Copyright © 1992 by Duke University Press 1992 References Arrow , Kenneth . [ 1951 ] 1963. Social Choice and Individual Values , 2d ed. New York: Wiley. Aumann , Robert J. , and Michael Maschler. 1964 . The Bargaining Set for Cooperative Games. In Advances...
Journal Article
History of Political Economy (2005) 37 (Suppl_1): 355–392.
Published: 01 December 2005
.... McGann and R. K. Weaver. New Brunswick, N.J.: Transaction Press. Amadae, S. M. 2003 . Rationalizing Capitalist Democracy . Chicago: University of Chicago Press. Arrow, K. J. 1951 . Social Choice and Individual Values . New York: Wiley. Backhouse, R. E. 2005 . Economists, Values...
Journal Article
History of Political Economy (2017) 49 (Supplement): 103–126.
Published: 01 December 2017
... the Bottom Up . Cambridge, Mass. : MIT Press . Bartholdi J. III Tovey C. A. Trick M. A. 1989 . “ Voting Schemes for Which It Can Be Difficult to Tell Who Won the Election .” Social Choice and Welfare 6 ( 2 ): 157 – 65 . Beneke R. 1994 . “ On Becoming Distinguished...
Journal Article
History of Political Economy (2007) 39 (1): 1–46.
Published: 01 March 2007
...: The Cold War Origins of Rational Choice Liberalism . Chicago: University of Chicago Press. Arrow, Kenneth J. 1963 . Social Choice and Individual Values . 2nd ed. New Haven: Yale University Press. ____. 1972 . Gifts and Exchanges. Philosophy and Public Affairs 1.4 : 343 -62. ____. 1974...
Journal Article
History of Political Economy (1984) 16 (4): 644–646.
Published: 01 November 1984
... in these papers, nor is there recognition of the importance of making such
a case. Adam Smith employed common morality to judge choice after he ana-
lyzed its content.
We learn from papers in the volume that the role of belief in social analysis is
very much up in the air. Economists come...
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