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We analyze the rationalizability of variable-population social-choice functions in a welfarist framework. It is shown that fixed-population rationalizability and a weakening of congruence together are necessary and sufficient for rational choice, given a plausible dominance property that...
Persistent link: https://www.econbiz.de/10005370982
This article characterizes all of the continuous social welfare orderings which satisfy the Weak (resp. Strong) Pareto principle when utilities are ratio-scale measurable. With Weak Pareto, on both the nonnegative and positive orthants the social welfare ordering must be representable by a...
Persistent link: https://www.econbiz.de/10005370779
The requirement that a voting procedure be immune to the strategic withdrawal of a candidate for election can be formalized in different ways. Dutta, Jackson, and Le Breton (Econometrica, 2001) have recently shown that two formalizations of this candidate stability property are incompatible with...
Persistent link: https://www.econbiz.de/10005597880
Persistent link: https://www.econbiz.de/10005370753
This note extends Gorman's [1959] classic result on two-stage budgeting to encompass the two-group cases that he assumed away. The proof, which exploits unpublished and recently published results not available to Gorman in 1959, makes it apparent that the entire structure needed for two-stage...
Persistent link: https://www.econbiz.de/10005155338