Power of Mathematical Thinking: From Newton's Laws to Elections and the Economy
Power of Mathematical Thinking: From Newton's Laws to Elections and the Economy
Sen's Theorem - Individual versus Societal Needs (1x15)
: 01, 2010
Expanding on Arrow's theorem, Amartya Sen showed that there is an apparently inevitable restriction on the rights of individuals to make even trivial decisions. But Professor Saari argues that Sen's theorem has a different result—one that helps explain the origins of a dysfunctional society.