To BE A GOOD PERSON, one must take ethics seriously. But can the same be said about
being a good economist? Does morality matter to economic analysis? It would be idle to …

The implementation problem is the problem of designing a mechanism (game form) such
that the equilibrium outcomes satisfy a criterion of social optimality embodied in a social …

This book represents a considerable revision and expansion of Public Choice II (1989). As
in the previous additions, all of the major topics of public choice are covered. These include …

This book shows through argument and numerous policy-related examples how
understanding moral philosophy can improve economic analysis, how moral philosophy can …

“A camel,” it has been said,“is a horse designed by a committee.” This might sound like a
telling example of the terrible deficiencies of committee decisions, but it is really much too …

The act of choosing can have particular relevance in maximizing behavior for at least two
distinct reasons:(1) process significance (preferences may be sensitive to the choice …

Internal consistency of choice has been a central concept in demand theory, social choice
theory, decision theory, behavioral economics, and related fields. It is argued here that this …

Rationality and Social ChoiceT Page 1 Rationality and Social ChoiceT By AMARTYA SEN i“
While Aristotle agreed with Agathon that even God could not change the past, he did think that …

USING the perspective of individual freedom, I argue in this paper for a reinterpretation of
what a mechanism of competitive markets is supposed to do, and a reassessment of what it …

This paper is concerned with the informational foundation of welfare-economic evaluation
and the empirical bases of social welfare judgments. More particularly, it is concerned with …