Syllabus

HS40095
Course name	Theory Of Social Choice
Offered by	Humanities & Social Sciences
Credits	3
L-T-P	3-0-0
Previous Year Grade Distribution
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Semester	Spring

Syllabus mentioned in ERP

Prerequisites: HS30079Course ContentsIntroduction; Optimality and Comparability Social Optimality, Impossibility of Optimality, Social Welfare Function, Arrow s Impossibility Theorem, Harsanyi s Theorem, Informational and Aggregation, Interpersonal Comparability, Comparability and Social Welfare; Theory of Voting Concept of Stability, Majority Rule May s Theorem, Condorcet Theorem, Median Voter Theorem, Multidimensional Voting, Agenda Manipulation, Alternatives to Majority Rule Borda Voting, Plurality Voting, Approval Voting, Runoff Voting, The Paradox of Voting. The Theory of Interest groups Lobbying, Rent Creation, Bureaucracies, Endogenous Coalition Formation and Agenda Control, Models of Corruption, Political Economy of the State and Rent Controlling; Asymmetric Information and Social Choice

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