
Theories of social choice
Theories of social choice explore how individual preferences can be combined to reach a collective decision that fairly represents everyone’s wants. They examine methods like voting systems to determine fair ways to select a leader or policy, addressing challenges like different opinions and strategic voting. These theories aim to ensure decisions are democratic, consistent, and just, considering complexities such as fairness, efficiency, and respect for minority views. They help us understand the strengths and weaknesses of various decision-making processes in groups, governments, and organizations.