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Strength of preference and cardinal utility

✍ Scribed by Veronika Köbberling


Publisher
Springer
Year
2006
Tongue
English
Weight
167 KB
Volume
27
Category
Article
ISSN
0938-2259

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Revealed public preference and social ut
✍ Perry Shapiro 📂 Article 📅 1978 🏛 Springer US 🌐 English ⚖ 528 KB

Methods of demand theory are applied to the problem of the existence of a social welfare function under specific public choice algorithms. Integrability conditions, necessary for the derivation of social demand functions from utility maximization, are used. The social choice function, which chooses