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The informational basis of the theory of fair allocation

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Author Info

  • Marc Fleurbaey

    ()

  • Kotaro Suzumura

    ()

  • Koichi Tadenuma

    ()

Abstract

The theory of fair allocation is often favourably contrasted with the social choice theory in the search for escape routes from Arrow's impossibility theorem. Its success is commonly attributed to the fact that it is modest in its goal vis-`a-vis social choice theory, since it does not aspire for a full-edged ordering of options, and settles with a subset of fair options. We show that its success may rather be attributable to a broadened informational basis thereof. To substantiate this claim, we compare the informational basis of the theory of fair allocation with the informational requirements of social choice theory.

(This abstract was borrowed from another version of this item.)

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File URL: http://hdl.handle.net/10.1007/s00355-003-0306-y
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Bibliographic Info

Article provided by Springer in its journal Social Choice and Welfare.

Volume (Year): 24 (2005)
Issue (Month): 2 (04)
Pages: 311-341

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Handle: RePEc:spr:sochwe:v:24:y:2005:i:2:p:311-341

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Web page: http://link.springer.de/link/service/journals/00355/index.htm

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  1. LeBreton, M., 1994. "Arrovian Social Choice on Economic Domains," G.R.E.Q.A.M. 94a37, Universite Aix-Marseille III.
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Cited by:
  1. Fleurbaey, Marc, 2007. "Two criteria for social decisions," Journal of Economic Theory, Elsevier, vol. 134(1), pages 421-447, May.
  2. Jean-François Laslier, 2004. "Strategic approval voting in a large electorate," IDEP Working Papers 0405, Institut d'economie publique (IDEP), Marseille, France.
  3. Michel Le Breton & John A. Weymark, 2002. "Arrovian Social Choice Theory on Economic Domains," Vanderbilt University Department of Economics Working Papers 0206, Vanderbilt University Department of Economics, revised Sep 2003.
  4. Marc Fleurbaey & Koichi Tadenuma, 2005. "Do Irrelevant Commodities Matter?," IDEP Working Papers 0504, Institut d'economie publique (IDEP), Marseille, France, revised Jan 2005.
  5. Sakai, Toyotaka, 2009. "Walrasian social orderings in exchange economies," Journal of Mathematical Economics, Elsevier, vol. 45(1-2), pages 16-22, January.
  6. John A Weymark, . "Social Welfare Functions," Vanderbilt University Department of Economics Working Papers vuecon-sub-13-00018, Vanderbilt University Department of Economics.
  7. Marc Fleurbaey, 2003. "Social Welfare, Priority to the Worst-Off And the Dimensions of Individual Well-Being," IDEP Working Papers 0312, Institut d'economie publique (IDEP), Marseille, France.

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