Social Choice and Individual Values
نویسندگان
چکیده
منابع مشابه
The pre-history of Kenneth Arrow's social choice and individual values
The purpose of this article is to give an historical sense of the intellectual developments that determined the form and content of Kenneth Arrow’s pathbreaking work published in 1951. One aspect deals with personal influences that helped shape Arrow’s own thinking. A second aspect is concerned with the early history of the general theory of relations, which is mainly centered in the nineteenth...
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Individual rights can generally be respected if and, except in rare special cases, only if they apply to independent components of a Cartesian product space of social states, and also each individual is indifferent to how others exercise their rights. This is true whether or not the Pareto criterion is satisfied. Group rights can also be respected if they apply to the independent components for...
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Empirical work has demonstrated that individually reported subjective wellbeing (SWB) may be positively correlated with objectively measured economic variables like income, and affected by non-economic personal circumstances. Assuming individuals’ own SWB reports emerge from random discrete choices, one can therefore use their stochastic properties to construct a broad class of ordinal level co...
متن کاملMulti-attribute decision-making in individual and social choice
This paper provides an analysis of individual and social decision criteria for alternatives that are composed of several attributes. We derive additive and multiplicative criteria for individual decision-making with new axioms and apply these criteria to obtain new justifications of known social choice rules with a bargaining interpretation, namely, the generalized utilitarian and Nash social c...
متن کاملChoice and individual welfare
We propose an abstract method of systematically assigning a “rational” preference to non-rationalizable choice data. We define an individual welfare functional as a mapping from stochastic choice functions into weak orders. A stochastic choice function (or choice distribution) gives the empirical frequency of choices for any possible opportunity set (framing factors may also be incorporated int...
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ژورنال
عنوان ژورنال: Revue économique
سال: 1972
ISSN: 0035-2764
DOI: 10.2307/3499838