Zhou’s aggregation theorems with multiple welfare weights
AbstractThis paper extends the aggregation theorems of Zhou (1997) to incorporate a social preference for randomization. We establish variations of Harsanyi’s utilitarianism theorems for general societies in which there exists a set of welfare weights, and a maxmin rule is applied.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Mathematical Economics.
Volume (Year): 47 (2011)
Issue (Month): 4-5 ()
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Web page: http://www.elsevier.com/locate/jmateco
Aggregation of preferences; Multiple welfare weights; Utilitarianism;
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