Suzumura, Kotaro; Xu, Yongsheng - In: Social Choice and Welfare 22 (2004) 1, pp. 237-251
Two features of Arrow’s social choice theory are critically scrutinized. The first feature is the welfarist-consequentialism, which not only bases social judgements about right or wrong actions on the assessment of their consequences, but also assesses consequences in terms of people’s...