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The axiomatics of economic design. Vol 1, An introduction to theory and methods / William Thomson.

Thomson, William, 1949- author.
2023
HB846.8
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Title
The axiomatics of economic design. Vol 1, An introduction to theory and methods / William Thomson.
Author
Thomson, William, 1949- author.
ISBN
9783031293986 (electronic bk.)
3031293983 (electronic bk.)
9783031293979
3031293975
DOI
https://doi.org/10.1007/978-3-031-29398-6
Published
Cham : Springer, [2023]
Copyright
©2023
Language
English
Description
1 online resource (xvi, 313 pages) : illustrations.
Item Number
10.1007/978-3-031-29398-6 doi
Call Number
HB846.8
Dewey Decimal Classification
330.1
330.1556
302.13
Summary
This textbook is Volume 1 of a two-volume set on the axiomatics of economic design. Its central argument is that economic institutions are not God-given: they are man-made. Their ultimate goal is to promote social welfare. The book describes the axiomatic approach to design. It consists in the formulation of criteria of desirability of solution mappings, and of the examination of their logical implications when imposed in various combinations. Its goal is to identify as precisely as possible the line that separates those combinations of desiderata that are compatible and those that are not. The end product of axiomatic work are menus of choices for practitioners to choose from when they have to make a decision. The first volume offers pedagogical coverage of the axiomatic approach to economic design, in the form of answers to questions posed by a young person curious about it. It introduces readers to what motivates economic design. It continues with the mathematical representation of a class of allocation problems. The bulk of the volume is to present structured inventories of the field of axioms, arranged by format first, and content next. These chapters are followed by a user's manual on the axiomatic method. Lastly, the volume discusses how economic design can be aided by other disciplines, in particular philosophy, mathematics, and computer science.
Bibliography, etc. Note
Includes bibliographical references and index.
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Access limited to authorized users.
Source of Description
Description based on print version record.
Series
Studies in choice and welfare.
Available in Other Form
Axiomatics of economic design : Volume 1.
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I Preliminaries: Introduction
Abstract Social Choiuce Problems and Concrete Resource Allocation Problems
Describing an Allocation Problem: a Checklist
II Axiom Types: Axiom Format
Axiom Content: Delineating Broad Categories
Axiom Content: Punctual Requirements on Welfare Distribution
Axiom Content: Solidarity Underlying Relational Requirements on Welfare Redistribution
Axiom Content: Robustness to Choices of Perspective in Evaluating Changes
Axiom Content: Robustness to Strategizing
III Working with Axioms: Parameterizing Axioms, Operators on Spaces of Rules
Characterizations and Impossibilities
Conducting Axiomatic Work: a User's Guide
Complements to the Axiomatic Method in Economic Design
Appendix: Problem Types
Index. .

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