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Ever since Sen crystallized the logical conflict between the welfaristic value of the Pareto principle and the nonwelfaristic value of individual libertarian rights into what he christened the impossibility of a Paretian liberal, there have been many attempts in social choice theory to...
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This paper proposes a new conceptual framework of a liberal social order, which emphasizes the freedom of action in social interaction and the freedom of participation in social rule-making process. Our articulation of public decision-making process can be interpreted as a formal way of...
Persistent link: https://www.econbiz.de/10005574133
Since Sen's contribution on the impossibility of a Paretian liberal, his formulation of libertarian rights has been under debate. In this paper, we highlight some important strands in this debate, and achieve some conceptual clarification of the different and often incompatible views of...
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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 welfare...
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Following the viewpoint of pure procedural justice, we analyze a social decision procedure for choosing fair allocation rules in production economics, which is formulated as an extended Arrovian constitution that aggregates each profile of individual social welfare functios into a social social...
Persistent link: https://www.econbiz.de/10005574167
We examine the possibility of constructing social ordering functions, each of which associates a social ordering over the feasible pairs of allocations and allocation rules with each simple production economy. Three axioms on the admissible class of social ordering functions are introduced,...
Persistent link: https://www.econbiz.de/10005574169