This paper introduces the 'Extended Pareto' axiom on Social welfare functions and gives a characterization of the axiom when it is assumed that the Social Welfare Functions that satisfy it in a framework of preferences over lotteries also satisfy the restrictions (on the domain and range of preferences) implied by the von-Neumann-Morgenstern axioms. With the addition of two other axioms: Anonymity and Weak IIA* it is shown that there is a unique Social Welfare Function called Relative Utilitarianism that consists of normalizing individual utilities between zero and one and then adding them
We show that d'Aspremont and gevers' (1977) characterization of utilitarism can be strenghened in th...
First version, December 18, 2007; Current version, August 21, 2008This paper studies the extensions ...
We give two social aggregation theorems under conditions of risk, one for constant population cases,...
This paper introduces the 'Extended Pareto' axiom on Social welfare functions and gives a characteri...
This paper introduces the "Extended Pareto" axiom on Social Welfare Functions and gives a characteri...
This paper introduces the "Extended Pareto" axiom on Social Welfare Functions and gives a characteri...
This paper introduces the 'Extended Pareto' axiom on Social welfare functions and gives a characteri...
We consider the aggregation of individual agents ’ von Neumann-Morgenstern’s util-ity functions into...
In a framework of preferences over lotteries, we show that an axiom system consisting of weakened ve...
We analyze the preference aggregation problem without the assumption that individuals and society ha...
Many normatively oriented economists, legal academics and other policy analysts appear to be welfar...
It is shown for the case of private goods economies that every social welfare function satisfying a ...
The present paper examines the problem of aggregating infinite utility streams with a social welfare...
This paper examines the existence of social welfare functions satisfying some reasonable axioms of d...
Mongin (1994) proved a multi-profile version of Harsanyi (1955)'s Aggregation Theorem: within the ex...
We show that d'Aspremont and gevers' (1977) characterization of utilitarism can be strenghened in th...
First version, December 18, 2007; Current version, August 21, 2008This paper studies the extensions ...
We give two social aggregation theorems under conditions of risk, one for constant population cases,...
This paper introduces the 'Extended Pareto' axiom on Social welfare functions and gives a characteri...
This paper introduces the "Extended Pareto" axiom on Social Welfare Functions and gives a characteri...
This paper introduces the "Extended Pareto" axiom on Social Welfare Functions and gives a characteri...
This paper introduces the 'Extended Pareto' axiom on Social welfare functions and gives a characteri...
We consider the aggregation of individual agents ’ von Neumann-Morgenstern’s util-ity functions into...
In a framework of preferences over lotteries, we show that an axiom system consisting of weakened ve...
We analyze the preference aggregation problem without the assumption that individuals and society ha...
Many normatively oriented economists, legal academics and other policy analysts appear to be welfar...
It is shown for the case of private goods economies that every social welfare function satisfying a ...
The present paper examines the problem of aggregating infinite utility streams with a social welfare...
This paper examines the existence of social welfare functions satisfying some reasonable axioms of d...
Mongin (1994) proved a multi-profile version of Harsanyi (1955)'s Aggregation Theorem: within the ex...
We show that d'Aspremont and gevers' (1977) characterization of utilitarism can be strenghened in th...
First version, December 18, 2007; Current version, August 21, 2008This paper studies the extensions ...
We give two social aggregation theorems under conditions of risk, one for constant population cases,...