• Corpus ID: 18719968

The nature of individual choice: a formalism for utility function based on set theory

  title={The nature of individual choice: a formalism for utility function based on set theory},
  author={Redjan F. Shabani},
In the theory of social choice the research is focused around the projection of individual preference orders to the social preference order. Also, the justification of the preference order formalism begins with the concept of utility i.e. an alternative is preferred to another one if the utility over the first is higher then the utility over the second. In this paper is proposed an ideal model of measuring utilities by considering individuals and alternatives no more as atomic concepts but as… 



Handbook of Social Choice and Welfare

Social choice theory is concerned with the evaluation of alternative methods of collective decision-making, as well as with the logical foundations of welfare economics. In turn, welfare economics is

Fuzzy Sets

  • L. Zadeh
  • Computer Science
    Inf. Control.
  • 1965

Social Choice and Individual Values

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

Theory of Games and Economic Behavior.

This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together