About the Author

Kenneth J. Arrow is professor of economics emeritus, Stanford University, and a Nobel laureate. Eric S. Maskin is Albert O. Hirschman Professor, School of Social Science, Institute of Advanced Study, Princeton, NJ, and a Nobel laureate.

Reviews

"Arrow's insightful comments on the issues underlying welfare economics are as fresh and relevant today as they were when they first appeared in 1951. They should be required reading for social scientists who concern themselves with public policy." (Douglass C. North, Washington University)"