Buy new:
$16.95
FREE delivery Monday, May 13 on orders shipped by Amazon over $35
Ships from: Amazon.com
Sold by: Amazon.com
$16.95
Get Fast, Free Shipping with Amazon Prime FREE Returns
FREE delivery Monday, May 13 on orders shipped by Amazon over $35
Or fastest delivery Saturday, May 11. Order within 3 hrs 43 mins
Only 4 left in stock (more on the way).
$$16.95 () Includes selected options. Includes initial monthly payment and selected options. Details
Price
Subtotal
$$16.95
Subtotal
Initial payment breakdown
Shipping cost, delivery date, and order total (including tax) shown at checkout.
Ships from
Amazon.com
Ships from
Amazon.com
Sold by
Amazon.com
Sold by
Amazon.com
Returns
Eligible for Return, Refund or Replacement within 30 days of receipt
Eligible for Return, Refund or Replacement within 30 days of receipt
This item can be returned in its original condition for a full refund or replacement within 30 days of receipt.
Read full return policy
Returns
Eligible for Return, Refund or Replacement within 30 days of receipt
This item can be returned in its original condition for a full refund or replacement within 30 days of receipt.
Read full return policy
Payment
Secure transaction
Your transaction is secure
We work hard to protect your security and privacy. Our payment security system encrypts your information during transmission. We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. Learn more
Payment
Secure transaction
We work hard to protect your security and privacy. Our payment security system encrypts your information during transmission. We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. Learn more
$2.82
Item in good condition. Textbooks may not include supplemental items i.e. CDs, access codes etc... Item in good condition. Textbooks may not include supplemental items i.e. CDs, access codes etc... See less
$3.98 delivery Monday, May 13. Details
Only 1 left in stock - order soon.
$$16.95 () Includes selected options. Includes initial monthly payment and selected options. Details
Price
Subtotal
$$16.95
Subtotal
Initial payment breakdown
Shipping cost, delivery date, and order total (including tax) shown at checkout.
Access codes and supplements are not guaranteed with used items.
Ships from and sold by glenthebookseller.
Amazon book clubs early access
Loading your book clubs
There was a problem loading your book clubs. Please try again.
Not in a club? Learn more
Amazon book clubs early access

Join or create book clubs

Choose books together

Track your books
Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free.
Explore Amazon Book Clubs
Kindle app logo image

Download the free Kindle app and start reading Kindle books instantly on your smartphone, tablet, or computer - no Kindle device required.

Read instantly on your browser with Kindle for Web.

Using your mobile phone camera - scan the code below and download the Kindle app.

QR code to download the Kindle App

Follow the author

Kenneth J. Arrow
Follow
Something went wrong. Please try your request again later.

The Limits of Organization (Fels Lectures on Public Policy Analysis) First Edition

by Kenneth J. Arrow (Author)
4.7 4.7 out of 5 stars 17 ratings
See all formats and editions
{"desktop_buybox_group_1":[{"displayPrice":"$16.95","priceAmount":16.95,"currencySymbol":"$","integerValue":"16","decimalSeparator":".","fractionalValue":"95","symbolPosition":"left","hasSpace":false,"showFractionalPartIfEmpty":true,"offerListingId":"bHyj7xiApCuxjaj%2BdVMJzoee1AndN7OLrCHV1wUOlWCQ2HsDZ86s52dMowxJuaqt%2BCYF5Jvk5y8Ze951dOPRlAX90J%2Fd9n7SO1rkbtNTavDK42A%2FbXDLIUGBbJXK2XDuzhlU1IxIWa4%3D","locale":"en-US","buyingOptionType":"NEW","aapiBuyingOptionIndex":0}, {"displayPrice":"$2.82","priceAmount":2.82,"currencySymbol":"$","integerValue":"2","decimalSeparator":".","fractionalValue":"82","symbolPosition":"left","hasSpace":false,"showFractionalPartIfEmpty":true,"offerListingId":"bHyj7xiApCuxjaj%2BdVMJzoee1AndN7OL9n1jsHnu8OKoNfFrH0gZq%2BQvdHp3xnU50M3bCM44TQtuBY6C2FM3g5Vo8g55SJwR7kTCYGs7TTNb%2BoJdsIsmKgLn%2Be74352BiN3O6D%2BaM%2BEluJqWaDe%2BCVajpy%2FZQwZUAg%2Bgtw7H1Epc8X02mXm6jppJQKewEs%2FU","locale":"en-US","buyingOptionType":"USED","aapiBuyingOptionIndex":1}]}

Purchase options and add-ons

The tension between what we wish for and what we can get, between values and opportunities, exists even at the purely individual level. A hermit on a mountain may value warm clothing and yet be hard-pressed to make it from the leaves, bark, or skins he can find. But when many people are competing with each other for satisfaction of their wants, learning how to exploit what is available becomes more difficult. In this volume, Nobel Laureate Kenneth J. Arrow analyzes why - and how - human beings organize their common lives to overcome the basic economic problem: the allocation of scarce resources. The price system is one means of organizing society to mediate competition, and Arrow analyzes its successes and failures. Alternative modes of achieving efficient allocation of resources are explored: government, the internal organization of the firm, and the 'invisible institutions' of ethical and moral principles. Professor Arrow shows how these systems create channels to make decisions, and discusses the costs of information acquisition and retrieval. He investigates the factors determining which potential decision variables are recognized as such. Finally, he argues that organizations must achieve some balance between the power of the decision makers and their obligation to those who carry out their decisions - between authority and responsibility.
Previous page
  1. ISBN-10
    0393093239
  2. ISBN-13
    978-0393093230
  3. Edition
    First Edition
  4. Publisher
    W. W. Norton & Company
  5. Publication date
    February 17, 1974
  6. Language
    English
  7. Dimensions
    5.1 x 0.2 x 8.4 inches
  8. Print length
    88 pages
  9. See all details
Next page
Amazon First Reads | Editors' picks at exclusive prices

Product details

  • Publisher ‏ : ‎ W. W. Norton & Company; First Edition (February 17, 1974)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 88 pages
  • ISBN-10 ‏ : ‎ 0393093239
  • ISBN-13 ‏ : ‎ 978-0393093230
  • Lexile measure ‏ : ‎ 1260L
  • Item Weight ‏ : ‎ 3.74 ounces
  • Dimensions ‏ : ‎ 5.1 x 0.2 x 8.4 inches
  • Customer Reviews:
    4.7 4.7 out of 5 stars 17 ratings

About the author

Follow authors to get new release updates, plus improved recommendations.
Kenneth J. Arrow

Kenneth J. Arrow

Brief content visible, double tap to read full content.
Full content visible, double tap to read brief content.

Discover more of the author’s books, see similar authors, read author blogs and more

Customer reviews

4.7 out of 5 stars
4.7 out of 5
17 global ratings

Top review from the United States

Nick K
5.0 out of 5 stars Concise, readable, and packed with big ideas.
Reviewed in the United States on June 22, 2017
Verified Purchase
I feel like I learned two huge things last year, and this was one of them. I'm surprised it's not taught or discussed more (and I realize that this isn't obscure in academia).
Helpful
 Report

Top reviews from other countries

Prof. Joao Eduardo Gata
5.0 out of 5 stars Simply put, a masterpiece from one of the most ...
Reviewed in the United Kingdom on June 21, 2017
Verified Purchase
Simply put, a masterpiece from one of the most oustanding economists of the second half of the 20th century. Concise, clear and insightful.
One person found this helpful
 Report
小貝明生
5.0 out of 5 stars trying to resolve the universal problem in the social science
Reviewed in Japan on November 28, 2005
Verified Purchase
The author discusses the relationship between society and individuality , which is universally taken as a problem in the region of social science . The human or person is taken as a subject of analysis in this science , and there is a problem following ; the conflict between demand or need of individuality and one of society . Though the human ,which belongs to society , group , or organization , individually has demand or need , they must submit theirs to demand or need of society , group , or organization as far as they belong to ones . The emerging problem in this situation is exactly the conflict between demand or need of individuality and one of society .

The author asserts to this problem that it is not possible that demand of society perfectly coincide with demand of individuality , and that compromise is needed between the social attitude of human and subjective view of one . Furthermore , it is explained that why organization or society can be formed and how decision making of organization or society can be performed by the view point of information . Finally , the author asserts the resource allocation using the authority about a problem of how to allocate the rare resources .

The author’s essential assertion , however , lies in the first problem as such and answering to this problem . Though the author tries to resolve the problem to be universal in the social science , it seems that it is difficult to try to . At any cost , I would like to you also to try to resolve the problem in the social science like Arrow .
3 people found this helpful
 Report