Originally published in 1951," Social Choice and Individual Values" introduced" Arrow's Impossibility Theorem" and founded the field of social choice theory in economics and political science. This new edition, including a new foreword by Nobel laureate Eric Maskin, reintroduces Arrow's seminal book to a new generation of students and researchers." Far beyond a classic, this small book unleashed the ongoing explosion of interest in social choice and voting theory. A half-century later, the book remains full of profound insight: its central message,'Arrow's Theorem,'has changed the way we think."--Donald G. Saari, author of" Decisions and Elections: Explaining the Unexpected"