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This chapter reviews the SWFL approach to social choice. It does not attempt to be a complete and systematic survey of existing results, but to give a critical assesment of the main axioms and their role in filtering the ethically relevant information, in particular the measurability and...
Persistent link: https://www.econbiz.de/10014023833
-level generalized utilitarianism (PARDCLU), through a key axiom that requires that the social welfare order both be ethical and satisfy … discounted utilitarianism, and avoids objections that have been raised against other ethical criteria. PARDCLU is shown to handle … utilitarianism - but with additional structure - in a special case. …
Persistent link: https://www.econbiz.de/10010530542
We propose and axiomatize probability adjusted rank-discounted critical-level generalized utilitarianism (PARDCLU). We … thus generalize rank-discounted utilitarianism (RDU) (proposed by Zuber and Asheim, 2012) to variable population and risky … other policy issues with long-run consequences. We illustrate how PARDCLU yields rank-dependent expected utilitarianism …
Persistent link: https://www.econbiz.de/10010337541
We propose and axiomatically characterize, within Harsanyi's impartial observer setting, a utilitarian social welfare function (SWF) that can accommodate concerns for procedural fairness. Under our proposal, concerns for procedural fairness in social welfare assessments are inherited from...
Persistent link: https://www.econbiz.de/10013022386
This paper extends Harsanyi's Impartial Observer Theorem by introducing Knightian Uncertainty in the form of individual belief systems. It features an axiomatic framework of societal decision-making in the presence of individual uncertainty. The model allows the analysis of scenarios where...
Persistent link: https://www.econbiz.de/10011701427
preference and judgment aggregation theory which show that the aggregate of several probability measures should not be conceived … opinion pooling can be generalised to cover the case of the aggregation of infinite profiles of finitely-additive probability … measures, too; we prove the existence of aggregation functionals satisfying responsiveness axioms à la McConway plus additional …
Persistent link: https://www.econbiz.de/10010234048
problem of Arrovian aggregation of MBA preferences - and prove dictatorial impossibility results for both finite and infinite …
Persistent link: https://www.econbiz.de/10010338890
We provide possibility results on the aggregation of beliefs and tastes for Monotone, Bernoullian and Archimedian … a prior to allow non dictatorial aggregation. A further weakening of this axiom on common-taste acts, where cardinal … the aggregation of ambiguity attitudes …
Persistent link: https://www.econbiz.de/10010501419
) preference orderings. This paper investigates the problem of Arrovian aggregation of such preferences - and proves dictatorial …-utility preferences are given. A novel proof methodology for special aggregation problems, based on model theory (in the sense of …
Persistent link: https://www.econbiz.de/10010187944
Politicians, CEOs and various other types of dictators make social choices that influence both their own and others' welfare. When a dictator's preferred alternative differs from recipients', it is unclear which preferences they aggregate and how they determine this set of admissible...
Persistent link: https://www.econbiz.de/10014353493