Publisher Summary This chapter discusses the social choice theory. There is social choice
problems, which deals with methods of marshalling information, particularly those relating to …

What is good government? Why do some governments fail? How do you implement political
accountability in practice? What incentives do you need to put in place to ensure that …

The first comprehensive account of the theory of mass transportation problems and its
applications. In Volume I, the authors systematically develop the theory with emphasis on …

We shall assume that the objectives of a society are embodied in a certain social choice
rule. A social choice rule (SCR) selects a set of feasible social states for each possible …

In this survey article, we report results on the existence of pure-strategy Nash equilibria in
games with an atomless continuum of players, each with an action set that is not necessarily …

A new edition of a comprehensive text, updated throughout, with new material on behavioral
economics, international taxation, cost-benefit analysis, and the economics of climate policy …

Andreu Mas-Colell has been doing pioneering work using differential topology in the
analysis of general equilibrium. This work is regarded as outstanding and one of the major …

We develop a model of common agency with complete information and general preferences
with nontransferable utility, and we prove that the principals' Nash equilibrium in truthful …

(1) There is adverse selection because the principal ignores the value of one parameter of
the agent's true characteristics.(2) Leaving aside the information parameter, the principal's …

Abstract Ideas are strangely absent from modern models of political economy. In most
prevailing theories of policy choice, the dominant role is instead played by “vested interests” …