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The present paper gives an overview of the theory of green national accounting. Three purposes of green national …
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. Furthermore, we discuss how such a preference can be integrated in the modelling of utility in order to account for the …
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utility functions is exogenously given and that each individual's preference ordering can be represented cardinally through … some admissible utility function. In addition, we assume that (i) the class of admissible utility functions allows for a … exists an admissible utility function r, called representative utility function, such that any alternative which maximizes r …
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Eliaz (2004) has established a "meta-theorem" for preference aggregation which implies both Arrow's Theorem (1963) and the Gibbard-Satterthwaite Theorem (1973, 1975). This theorem shows that the driving force behind impossibility theorems in preference aggregation is the mutual exclusiveness of...
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