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Rational Man And Irrational Society?: An Introduction And Sourcebook - Softcover

 
9780803918511: Rational Man And Irrational Society?: An Introduction And Sourcebook

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The Prisoner's Dilemma and Kenneth Arrow's General Possibility Theorem, are two of the most simple, yet far-reaching concepts in social science. The first captures in an easily understood paradox how individually rational acts that benefit individual people can combine to produce a result that is of less benefit to everyone. The Arrow Theorem shows that there is no formula for ranking the preferences of many people into a rational aggregate. This book is a collection of the best work done on these two ideas. It is an ideal introduction for students or sourcebook for professionals.

`...it presents the traditional works addressing the problems of rationality in social and political theory...the anthology represents a much nee

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