Given a set of outcomes that affect the welfare of the members of a group, KJ Arrow imposed
the following five conditions on the ordering of the outcomes as a function of the preferences …

What is the best way to auction an asset? How should a group of people organize
themselves to ensure the best provision of public goods? How should exchanges be …

This textbook presents the basics of game theory both on an undergraduate level and on a
more advanced mathematical level. It is the second, revised version of the successful 2008 …

Processes of collective decision making are seen throughout modern society. How does a
government decide on an investment strategy within the health care and educational …

In Environmental Law and Economics, Michael G. Faure and Roy A. Partain provide a
detailed overview of the law-and-economics methodology developed and employed by …

We study the incentives of candidates to strategically affect the outcome of a voting
procedure. We show that the outcomes of every nondictatorial voting procedure that satisfies …

Suppose that the goals of a society can be summarized in a social choice rule, ie, a mapping
from relevant underlying parameters to final outcomes. Typically, the underlying parameters …

This thesis is a mathematical work on economics and social choice. It provides an
empirically applied research. Modern economy is both mathematical and theoretical basis …

I consider whether the agentsʼ reluctance to make a large lie is helpful for the rule designer
to construct a nonmanipulable rule. For this purpose, I study an axiom, called AM-proofness …

Governing requires choices, and hence trade-offs between conflicting goals or criteria. This
book asserts that legitimate governance requires explanations for such trade-offs and then …