What is Social choice theory?
'''Social choice theory''', which is also called '''theory of collective choice''', is a [[theory]] that looks at how a group of people reach a [[Decision-making|decision]]. Usually this is done by combining and aggregating the [[opinion]] of each member of the group. A classic problem of social choice theory is that of holding an [[election]] or a popular [[Voting|vote]]. == Related pages == *[[Arrow's impossibility theorem]] [[Category:Economic theories]] [[Category:Politics]] [[Category:Decision theory]]