Fleurbaey, Marc; Suzumura, Kotaro; Tadenuma, Koichi - Graduate School of Economics, Hitotsubashi University - 2002
The theory of fair allocation is often favourably contrasted with the social choice theory in the search for escape routes from Arrow's impossibility theorem. Its success is commonly attributed to the fact that it is modest in its goal vis-`a-vis social choice theory, since it does not aspire...