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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
In this paper, criticizing the welfarist's framework in traditional welfare economics which provides a rather limited perspective for social evaluation, we propose a more comprehensive framework in which extended social ordering functions (ESOFs) are introduced. In this framework, not only...
Persistent link: https://www.econbiz.de/10005574175
Persistent link: https://www.econbiz.de/10005574177
An extended social choice framework is proposed for the analysis of initial conferment of individual rights. This framework captures the intuitive conception of decision-making procedure as a carrier of intrinsic value along with the instrumental usefulness thereof in realizing valuable...
Persistent link: https://www.econbiz.de/10005583491
This paper discusses and develops "non-welfare" arguments on distributive justice a la J.Rawls and A.K. Sen, and formalizes, in co-operative production economies, "non-welfaristic" distribution rules as game form types of resource allocation schemes. First, it conceptualizes the Needs Principle...
Persistent link: https://www.econbiz.de/10005583492
Persistent link: https://www.econbiz.de/10005583499
In pruoduction economies with skill differences, this paper discusses resource allocation schemes which are consistent with two notions of procedural fairness: labor sovereignty and equal-division-for-equal-work (EDEW)[Kranich(1994)]. The paper first shows that there always exists an efficient...
Persistent link: https://www.econbiz.de/10005583500
In production economies with unequal skills, this paper characterizes bargaining solutions by using axioms on allocation rules rather than axioms on classical bargaining solutions. Instead of Consistency of Resource Allocation across Dimension (CONRAD)[Roemer (1986, 1988)], which is essentially...
Persistent link: https://www.econbiz.de/10005583520
We reconsider the three well-known solutions: the Nash, the egalitarian and the Kalai-Smorodinsky solutions, to the classical domains of convex bargaining problems. A new proof for the Nash solution that highlights the crucial role the axiom Contraction Independence plays is provided. We also...
Persistent link: https://www.econbiz.de/10005583523
In this paper, we consider production economies with possibly unequal production skills and with possibility of technological innovations, in which resource allocations are determined via bargaining among individuals. We define the Nash bargaining solution as the (bargaining) allocation rule...
Persistent link: https://www.econbiz.de/10005583524