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On Maximizing Welfare When Utility Functions Are Subadditive

✍ Scribed by Feige, Uriel

Book ID
118180854
Publisher
Society for Industrial and Applied Mathematics
Year
2009
Tongue
English
Weight
281 KB
Volume
39
Category
Article
ISSN
0097-5397

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πŸ“œ 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 πŸ“‚ Article πŸ“… 1979 πŸ› Springer US 🌐 English βš– 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