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This note reexamines the single-profile approach to social-choice theory. If an alternative is interpreted as a social state of affairs or a history of the world, it can be argued that a multi-profile approach is inappropriate because the information profile is determined by the set of...
Persistent link: https://www.econbiz.de/10005368654
This paper characterizes welfarist social evaluation in a multi-profile setting where, in addition to multiple utility profiles, there may be more than one profile of nonwelfare information. We prove a new version of the welfarism theorem in this alternative framework, and we demonstrate that...
Persistent link: https://www.econbiz.de/10005748188