First Edition of the Kenneth Arrow’s First Book Social Choice and Individual Values; Inscribed by Him

  • Social Choice and Individual Values.

Social Choice and Individual Values.


Item Number: 78935

New York: John Wiley & Sons, 1951.

First edition of the Nobel Prize-winning economist’s groundbreaking work. Octavo, original blue cloth with titles and frontispiece in gilt. Inscribed and dated by Kenneth Arrow on the front free endpaper. Fine in a very good dust jacket with some chips and wear. Rare, especially in the original dust jacket and inscribed by Arrow.

The Nobel Prize-winning economist's first book was his doctoral dissertation at Columbia. "Arrow’s ‘impossibility theorem’ appeared to have such startling consequences for both political philosophy and welfare economics that literally hundreds of papers have been written to refute it. But Arrow’s theorem has withstood all technical criticisms and has never been decisively challenged on its own grounds" (Great Economists Since Keynes, 6). Named by The Times Literary Supplement as one of the 100 most influential books since World War II.

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