Rational Choice, Collective Decisions, and Social Welfare by Kotaro Suzumura

Rational Choice, Collective Decisions, and Social Welfare by Kotaro Suzumura

Rational Choice, Collective Decisions, and Social Welfare by Kotaro Suzumura
English | 5 Nov. 2009 | ISBN: 0521122554 | 288 Pages | PDF | 4 MB

Left freely to themselves, a group of rational individuals often fail to cooperate even when the product of social cooperation is beneficial to all. Hence, the author argues, a rule of collective decision making is clearly needed that specifies how social cooperation should be organised among contributing individuals.



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