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AMARTYA_SEN definition , Term Papers on AMARTYA_SEN by essay 411 |
 | | Amartya Kumar Sen (born November 3, 1933 in India), is an economist and a winner of the Bank of Sweden Prize in Economic Sciences (sometimes referred to informally as the "Nobel Prize for Economics") for his work on famine, human development theory, welfare economics, the underlying mechanisms of poverty, and political liberalism. |
 | | Sen's contribution to the literature was to show under what conditions Arrow's Impossibility Theorem would indeed come to pass as well as to extend and enrich the theory of social choice, informed by his interests in history of economic thought and philosophy. |
 | | Sen, who devoted his career to such issues, was called the “conscience of his profession.” His influential monograph Collective Choice and Social Welfare (1970), which addressed problems such as individual rights, majority rule, and the availability of information about individual conditions, inspired researchers to turn their attention to issues of basic welfare. |
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