Showing 1 - 10 of 392
Persistent link: https://www.econbiz.de/10010926789
Persistent link: https://www.econbiz.de/10005259878
This article considers measures of individual welfare change for projects that change the state distribution of prices and incomes. For a consumer whose preferences satisfy the expected utility hypothesis, we investigate whether there is an increasing function of the state-contingent...
Persistent link: https://www.econbiz.de/10005585302
This article presents a proof of Arrow's Theorem which highlights the theorem's relationship to welfarism and which emphasizes its underlying geometric structure. In addition, this method of proof is adapted to provide a proof of a single-preference-profile version of Arrow's Theorem. The...
Persistent link: https://www.econbiz.de/10010687659
Persistent link: https://www.econbiz.de/10005388324
Persistent link: https://www.econbiz.de/10010694425
Persistent link: https://www.econbiz.de/10002088496
Persistent link: https://www.econbiz.de/10002088559
Persistent link: https://www.econbiz.de/10005153445
Persistent link: https://www.econbiz.de/10007696371