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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    Scarcity, Preferences and Cooperation: A Mimetic Analysis

    In “The Ambivalence of Scarcity” which is my contribution to L’Enfer des choses. René Girard et la logique de l’économie, written by Jean-Pierre Dupuy and originally published in French in 1978, I attempt to apply mimetic theory to modern economics and to economicphenomena, and also to explain why economic issues and economics as a discipline occupy such an important place in the modern world. Read more

    What Are the Moral Limits of Markets?

    Apr 10, 2014 | 03:15—05:00

    Motivations, Emotions, Decisions

    Apr 8, 2015 | 11:15—12:45

    Social Structure, Markets and Inequality

    The interaction between social structure and markets remains a central theme in the social sciences. In some instances, markets can build on and enhance social networks’ economic role; in other contexts, markets appear to be in direct competition with social networks. The impact of markets on inequality and welfare is also varying: while markets can sometimes offer valuable outside options to marginalised individuals, in other situations only well connected and better off individuals can benefit from them. Read more