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This article provides an introduction to the use of social welfare functions for the comparative evaluation of social alternatives. Three main approaches are considered: Bergson–Samuelson social welfare functions, Arrovian social welfare functions, and Sen's social welfare functionals....
Persistent link: https://www.econbiz.de/10011213818
Majority voting over the nonlinear tax schedules proposed by a continuum of citizen candidates is considered. The analysis extends the finite-individual model of Röell (unpublished manuscript, 2012). Each candidate proposes the tax schedule that is utility maximal for him subject to budget and...
Persistent link: https://www.econbiz.de/10011246094
In Democratic Reason, Hélène Landemore has built a case for the epistemic virtues of inclusive deliberative democracy based on the cognitive diversity of the group engaged in making collective decisions. She supports her thesis by appealing to the Diversity Trumps Ability Theorem of Lu Hong...
Persistent link: https://www.econbiz.de/10011261643
Majority voting over the nonlinear tax schedules proposed by a continuum of citizen candidates is considered. The analysis extends the finite-individual model of Röell (unpublished manuscript, 2012). Each candidate proposes the tax schedule that is utility maximal for him subject to budget and...
Persistent link: https://www.econbiz.de/10011261646
There are a number of single-profile impossibility theorems in social choice theory and welfare economics that demonstrate the incompatibility of dominance criteria with various nonconsequentialist principles given some rationality restrictions on the rankings being considered. This article is...
Persistent link: https://www.econbiz.de/10010671501
Majority voting over the nonlinear tax schedules proposed by a continuum of citizen candidates is considered. The analysis extends the finite-individual model of Röell (unpublished manuscript, 2012). Each candidate proposes the tax schedule that is utility maximal for him subject to budget and...
Persistent link: https://www.econbiz.de/10011168560
In Democratic Reason, Hélène Landemore has built a case for the epistemic virtues of inclusive deliberative democracy based on the cognitive diversity of the group engaged in making collective decisions. She supports her thesis by appealing to the Diversity Trumps Ability Theorem of Lu Hong...
Persistent link: https://www.econbiz.de/10011207452
Persistent link: https://www.econbiz.de/10005242768
Persistent link: https://www.econbiz.de/10005305926
Persistent link: https://www.econbiz.de/10010694601