Social Choice Theory

    In the sixty-five years since Arrow's Impossibility Theorum, economists have questioned how we think about utility, individuals and communities. Using philosophical, mathematical and other toolkits, our scholars explore the nature and role of preference maps and utility theory in economics today.

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    Some Considerations on ‘Rationality’

    In this post, I would like to explore the views of preferences and behavior outlined in MWG Ch.1, and specifically the view of rationality developed in this first chapter. Read more

    Membership Theory of Inequality

    A transition from the conventional policy of “redistributing income” to “redistributing membership”, could promote economic integration across communities and intergenerational mobility. Watch the video