Choice, Welfare and Measurement

In the course of his distinguished career, Amartya K. Sen has scrutinized the foundations of economic theory and analysis. He has brought into sharper focus such concepts as choice, preference, rationality, aggregation, evaluation, and measurement, and applied these concepts to the economic issues underlying universal social concerns, among them inequality, unemployment, poverty, human welfare, liberty, rights, justice. The twenty essays in this book encompass both these aspects of Sen's economic endeavors.Kenneth Arrow has written that "Sen's mastery in the fields of social choice, the foundations of welfare economics, and, more broadly, distributive ethics and the measurement problems associated with these fields is unquestioned. The selection of articles fully reflects his work in this area ... a number of the papers are already classics."The author has provided a substantial introduction to the book that interrelates his diverse concerns and analyzes the wide-ranging discussions that were generated by the original papers, while stressing the central concepts and underlying issues.His writings are distributed among five topical sections: Choice and Preference, Preference Aggregation, Welfare Comparisons and Social Choice, Non-utility Information, and Social Measurement. The contributions have been collected from many journals in the fields of economics and public affairs and from books that were published between 1966 and 1980.Amartya K. Sen is Drummond Professor of Political Economy at Oxford, and Fellow of All Souls College.