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1 - The reason for the problems

Published online by Cambridge University Press:  05 June 2012

Shmuel Nitzan
Affiliation:
Bar-Ilan University, Israel
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Summary

The term preferences or system of preferences relates to tastes defined on a set of alternatives. The term choice refers to a pattern of behavior that takes the form of choice from a set of alternatives. In the context of collective choice, that is, choice by a number of individuals, the alternatives can be possible decisions of a group of judges or of a jury, the possible modes of action faced by a board of directors, different policies considered by a government, local community, committee of experts, a political party that wishes to win an election, or a group of civil servants. The use of the terms social preferences or social choice is common in social contexts in which the chosen alternatives affect several individuals (some or all members of society). These terms play an important role in areas of economics and political science that are concerned with decisions that affect different individuals. Not only are these individuals affected by the social decision, they or their representatives are often directly involved in making the decision. In economics, for example, decisions on family consumption are made by family members, decisions on the business strategy of a company are made by members of the board of directors and decisions on government policy are reached by members of a committee of experts.

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Chapter
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Publisher: Cambridge University Press
Print publication year: 2009

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  • The reason for the problems
  • Shmuel Nitzan, Bar-Ilan University, Israel
  • Book: Collective Preference and Choice
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511803871.002
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  • The reason for the problems
  • Shmuel Nitzan, Bar-Ilan University, Israel
  • Book: Collective Preference and Choice
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511803871.002
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • The reason for the problems
  • Shmuel Nitzan, Bar-Ilan University, Israel
  • Book: Collective Preference and Choice
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511803871.002
Available formats
×