Partial Welfare Judgements as Preliminaries for Rational Social Choice
AbstractThe new welfare economics, both of the Kaldor-Hicks-Scitovsky-Samuelson school built on the compensation principles and the Bergson-Samuelson school built on the social welfare function, tried to expand the domain of applicability of the Pareto unanimity principle. The purpose of this paper is to examine the logical structure of the new welfare economics of the both schools from the view point of social choice and fairness theory.
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Bibliographic InfoPaper provided by Institute of Social and Economic Research, Osaka University in its series ISER Discussion Paper with number 0437.
Length: 25 pages
Date of creation: 1997
Date of revision:
WELFARE ECONOMICS ; DECISION MAKING;
Find related papers by JEL classification:
- B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
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