Social Choice Theory

Satish K. Jain is an economist. He was on the faculty of the Centre for Economic Studies and Planning of Jawaharlal Nehru University from 1978 to 2016; and was Reserve Bank of India Chair Professor at the time of superannuation in 2013. He was Indian Council of Social Science Research National Fellow during 2016-18. He has authored Economic Analysis of Liability Rules (Springer, 2015) and Domain Conditions and Social Rationality (Springer 2019); has edited Law and Economics (Oxford University Press, 2010), and co-edited Economic Growth, Efficiency, and Inequality (with Anjan Mukherji, Routledge, 2015.). His teaching and research interests include social choice theory, and law and economics.

Introduction.- Elementary Logic.- Sets, Relations, Functions.- Binary Relations.- Social Choice Theoretic Framework and Arrow Impossibility Theorem.- Some Important Value-Judgments, Rules and Theorems.- Implications of Weakening of Some of Arrow Conditions.- The Method of Majority Decision: Conditions for Transitivity and Quasi-Transitivity.- Strategic Aspects.- Summary and Concluding Remarks.