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The subjective expected utility hypothesis and revealed preference

โœ Scribed by T. Kim

Publisher
Springer
Year
1991
Tongue
English
Weight
600 KB
Volume
1
Category
Article
ISSN
0938-2259

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Revealed public preference and social ut
Revealed public preference and social utility
โœ Perry Shapiro ๐Ÿ“‚ Article ๐Ÿ“… 1978 ๐Ÿ› Springer US ๐ŸŒ English โš– 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