Saari, Donald; Petron, Anne - In: Economic Theory 28 (2006) 2, pp. 265-281
Sen’s seminal, negative theorem about minimal liberalism has had a profound effect on economics, philosophy, and the … social sciences. To address concerns raised by his result, we show how Sen’s assumptions must be modified to obtain positive …” on others. We also uncover a significantly different interpretation of Sen’s societal cycles: rather than describing the …