Social Choice and Individual Values

Third Edition

Kenneth J. Arrow; Foreword by Eric S. Maskin

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June 26, 2012
144 pages, 5 1/8 x 8
ISBN: 9780300179316

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Originally published in 1951, Social Choice and Individual Values introduced “Arrow’s Impossibility Theorem” and founded the field of social choice theory in economics and political science. This new edition, including a new foreword by Nobel laureate Eric Maskin, reintroduces Arrow’s seminal book to a new generation of students and researchers.

"Far beyond a classic, this small book unleashed the ongoing explosion of interest in social choice and voting theory. A half-century later, the book remains full of profound insight: its central message, ‘Arrow’s Theorem,’ has changed the way we think.”—Donald G. Saari, author of Decisions and Elections: Explaining the Unexpected

Kenneth J. Arrow is professor of economics emeritus, Stanford University, and a Nobel laureate. Eric S. Maskin is Albert O. Hirschman Professor, School of Social Science, Institute of Advanced Study, Princeton, NJ, and a Nobel laureate.

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