Book ChapterDOI
The origins of the impossibility theorem
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The article was published on 2014-01-31. It has received 12 citations till now. The article focuses on the topics: Arrow's impossibility theorem.read more
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Environmental Law and Economics: Theory and Practice
Michael Faure,Roy Andrew Partain +1 more
TL;DR: Faure and Partain this paper provide a detailed overview of the law-and-economics methodology developed and employed by environmental lawyers and policymakers, and demonstrate how this approach can transcend political divisions in the context of international environmental law, environmental criminal law, and the property rights approach to environmental law.
Journal ArticleDOI
The Death of Welfare Economics: History of a Controversy
TL;DR: In this paper, the authors examine a rather strange controversy, which is almost unknown in the scientific community, even though it lasted more than fifty years and saw a conflict between two economic giants, Arrow and Samuelson, and behind them two distinct communities, the fading welfare economics against the emerging social choice theory, two conflicting ways of dealing with mathematical tools in welfare economics and, above all, two different conceptions of social welfare.
Journal ArticleDOI
The Death of Welfare EconomicsHistory of a Controversy
TL;DR: In this article, the authors examine a rather strange controversy, which is almost unknown in the scientific community, even though it lasted more than fifty years and involved a conflict between two economic giants, Arrow and Samuelson, and, behind them, two distinct communities (welfare economics, which was on the wane, against the emerging social choice theory, representing two conflicting ways of dealing with mathematical tools in welfare economics and two different conceptions of social welfare).
Journal ArticleDOI
How mathematical impossibility changed welfare economics: A history of Arrow's impossibility theorem
TL;DR: The history of Arrow's impossibility theorem in its mathematical and economic contexts can be found in this paper, where it is argued that Arrow made a radical change of the mathematical model of welfare economics by connecting it to the theory of voting and this change was preconditioned by his deep knowledge of the modern axiomatic approach to mathematics and logic.
Journal ArticleDOI
The Economics of Kenneth J. Arrow: A Selective Review
TL;DR: This article reviewed Arrow's seminal work in economics, giving special emphasis to his contributions to social choice theory and general equilibrium theory, focusing on social choice and general equilibria in economics.