Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10009550971
Arrow's celebrated theorem of social choice shows that the aggregation of individual preferences into a social ordering cannot make the ranking of any pair of alternatives depend only on individual preferences over that pair, unless the fundamental weak Pareto and nondictatorship principles are...
Persistent link: https://www.econbiz.de/10005018650
We propose the concept of a universal social ordering, defined on the set of pairs of an allocation and a preference profile of any finite population. It is meant to unify evaluations and comparisons of social states with populations of possibly different sizes with various characteristics. The...
Persistent link: https://www.econbiz.de/10005450419
We study how to evaluate allocations independently of individual preferences over unavailable commodities. We prove impossibility results suggesting that such evaluations encounter serious difficulties. This is related to the well-known problem of performing international comparisons of standard...
Persistent link: https://www.econbiz.de/10008790376
We propose the concept of a universal social ordering, defined on the set of pairs of an allocation and a preference profile of any finite population. It is meant to unify evaluations and comparisons of social states with populations of possibly different sizes with various characteristics. The...
Persistent link: https://www.econbiz.de/10005783998
Arrow's celebrated theorem of social choice shows that the aggregation of individual preferences into a social ordering cannot make the ranking of any pair of alternatives depend only on individual preferences over that pair, unless the fundamental weak Pareto and nondictatorship principles are...
Persistent link: https://www.econbiz.de/10004992516
We propose the concept of a universal social ordering, defined on the set of pairs of an allocation and a preference profile of any finite population. It is meant to unify evaluations and comparisons of social states with populations of possibly different sizes with various characteristics. The...
Persistent link: https://www.econbiz.de/10004992569
We study the possibility of making social evaluations of allocations independently of individuals' preferences over unavailable commodities. This is related to the well-known problem of performing international comparisons of standard of living across countries with different consumption goods....
Persistent link: https://www.econbiz.de/10004992581