Anonymous Single-profile Welfarism

Multi_profile welfarism: a generalization

This paper characterizes welfarist social evaluation in a multi-profile setting where, in addition to multiple utility profiles, there may be more than one profile of nonwelfare information. We prove a new version of the welfarism theorem in this alternative framework, and we demonstrate that adding a plausible and weak anonymity property to the welfarism axioms generates welfarist social-evalu...

Cahier 2002 - 02 in Defense of Welfarism

This paper characterizes welfarist social evaluation in a multi-profile setting where, in addition to multiple utility profiles, it is assumed that there are several profiles of non-welfare information. We prove new versions of the welfarism theorems in this alternative framework, and we illustrate that a very plausible and weak anonymity property is sufficient to generate anonymous social-eval...

Welfarism vs. extra-welfarism.

'Extra-welfarism' has received some attention in health economics, yet there is little consensus on what distinguishes it from more conventional 'welfarist economics'. In this paper, we seek to identify the characteristics of each in order to make a systematic comparison of the ways in which they evaluate alternative social states. The focus, though this is not intended to be exclusive, is on h...

Relative Nash Welfarism

Relative Nash welfarism is a solution to the problem of aggregating von NeumannMorgenstern preferences over a set of lotteries. It ranks such lotteries according to the product of any collection of 0—normalized von Neumann-Morgenstern utilities they generate. We show that this criterion is characterized by the Weak Pareto Principle, Anonymity, and Independence of Harmless Expansions: the social...

Is There a Conflict between Growth and Welfarism? The Tale of Sri Lanka