ECON 451: Public Choice
Professor Peter Coughlin
Arrow's Most Important Contribution to Public Choice
The background reading is:
A. Feldman and R. Serrano, Welfare Economics and Social
Choice Theory, 2nd edition
[1] From "The most important..." in the 7th line of the 1st paragraph of the section " The Concerns of Social Choice" (on p. 4) through "...better than B?" at the end of the 3rd-from-last paragraph on p. 5
[2] From the beginning of Chapter 1 on p. 11 through "... individuals' preferences." at the end of the last full paragraph on p. 12
[3] From the beginning of the section "The Formal Model of Preferences" (on p. 14) through "... is acyclic." at the end of Proposition 1 on p. 15
[4] From the beginning of the section "Introduction to Social Preferences" (on p. 24) through "... individual preferences." in the 2nd sentence in the last full paragraph on p. 25
[5] From "Does a foolproof..." in the first line of the last paragraph on p. 275 through "... not yRx" in the eighth-to-last line on p. 276
[6] From "I is..." at the beginning of the sixth-to-last line on p. 276 through "... unanimous agreement" at the end of the first paragraph in the section "2. Universality" on p. 278
[7] From the beginning of the section "3. Pareto consistency" on p. 278 through "... lust and gambling." at the end of p. 278
[8] From the beginning of the section "4. Non-dictatorship" on p. 279 through the statement of Arrow's theorem on p. 282
[9] From "What then..." at the beginning of the 2nd-to-last paragraph on p. 5 through "...W, U, and V" in the 3rd line of the last paragraph on p. 5
[10] From "But it ..." at the beginning of the first full paragraph on p. 6 through the bottom of p. 6
[1] From the beginning of Subsection 1.3.1 on page 21 through the second line on page 23;
[2] From the beginning of Subsection 1.4.1 on page 41 through Total scores near the top of page 42;
[3] From the beginning of Section 1.5 on page 52 through Theorem 1.5.12 on page 61;
[4] Subsection 1.5.6 (on pages 67 through 74).
Jonathan K. Hodge & Richard E. Klima, The Mathematics of Voting and Elections, 2nd edition,
American Mathematical Society, 2018.
[1] Definition 4.3 on p. 55
Jean Hendriks and Gareth D. Myles, Intermediate Public Economics, 2nd
edition, The MIT Press, 2013.
[1] From "The general problem …" in the first line on p. 348 through “… imperfect decision rules.” in the second line on p. 442
The following items are recommended readings (which supplement the background reading):
Sherif El-Helaly, The Mathematics of Voting and Apportionment,
Springer, 2019.
[2] From the beginning of the section "Arrow's Theorem" on p. 58 through "… imposed or dictatorial." at the end of the second-to-last paragraph in the
section (on p. 63)
[2] Starting at the beginning of Section 13.8 on p. 441 and stopping at the beginning of the last paragraph in the section
Alan Taylor & Allison Pacelli, Mathematics and Politics, 2nd edition, Springer-Verlag, 2008.
From the beginning of Section 7.4 on p. 211
through the restatement of Arrow's Theorem on p. 215
These items are available through Course Reserves at ELMS.