His collaborations with Pattanaik built on the work of Arrow in describing the conditions under which preferences according to majority rule become intransitive. His work on how collective decision-making can take into account individuals utility functions as well as their preferences is summarized in his seminal 1970 monograph "Collective Choice and Social Welfare". However, he may be most famous for his creation of the United Nations poverty index and his work describing how social inequalities can cause famine to occur even when food product
His collaborations with Pattanaik built on the work of Arrow in describing the conditions under which preferences according to majority rule become intransitive. His work on how collective decision-making can take into account individuals utility functions as well as their preferences is summarized in his seminal 1970 monograph "Collective Choice and Social Welfare". However, he may be most famous for his creation of the United Nations poverty index and his work describing how social inequalities can cause famine to occur even when food production is plentiful. FTP, Identify this winner of the 1998 Nobel Prize in Economics who is perhaps India's most notable economist.
His collaborations with Pattanaik built on the work of Arrow in describing the conditions under which preferences according to majority rule become intransitive.
Amartya {Sen}