𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Monotonicity of social welfare optima

✍ Scribed by Jens Leth Hougaard; Lars Peter Østerdal

Book ID
116506250
Publisher
Elsevier Science
Year
2010
Tongue
English
Weight
332 KB
Volume
70
Category
Article
ISSN
0899-8256

No coin nor oath required. For personal study only.

📜 SIMILAR VOLUMES

Social welfare functions when preference
Social welfare functions when preferences are convex, strictly monotonic, and continuous
✍ Ehud Kalai; Eitan Muller; Mark A. Satterthwaite 📂 Article 📅 1979 🏛 Springer US 🌐 English ⚖ 567 KB

The paper shows that if the class of admissible preference orderings is restricted in a manner appropriate for economic and political models, then Arrow's impossibility theorem for social welfare functions continues to be valid. Specifically if the space of alternatives isR n, n /> 3, where each dim