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Essays on Individual Decision-making and Social Welfare

Prasanta Pattanaik is one of the world's most distinguished economic theorists. He did his doctoral work under the supervision of Amartya Sen at the Delhi School of Economics in the 1960s. Immediately afterwards, he was a member of the faculty at the Delhi School for several years, contributing a substantial amount to the academic lustre of that department in its most glorious days. Subsequently, he has held academic positions in the UK and the USA. Over the last 40 years, he has produced a stream of highly important and influential work in decision theory, social choice theory and welfare economics. The current volume comprises of a selection of his papers (several written with co-authors) together with an Introduction by Prof. Pattanaik providing a background for the papers.