Norms and Informational Environments in Social Choices
AbstractMany have questioned approaches to social choices that demand much interpersonal comparability of utility, arguing that such comparability is hard to implement in practice. In this paper, extending a result of Blackorby, Bossert, and Donaldson (1999),we prove that a very strong informational environment can be constructed on the basis of a single fuzzy norm and cardinal measurability. Moreover, we show that only if we accept a very strong normalization procedure will we obtain an absolute scale of utility.
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Bibliographic InfoPaper provided by Norwegian School of Economics and Business Administration- in its series Papers with number 22/99.
Length: 13 pages
Date of creation: 1999
Date of revision:
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Postal: NORWEGIAN SCHOOL OF ECONOMICS AND BUSINESS ADMINISTRATION, HELLEVEIEN 30, 5035 BERGEN SANDVIKEN NORWAY.
Phone: 5595 9000
Fax: 5595 9100
Web page: http://www.nhh.no/
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SOCIAL CHOICE ; SOCIAL WELFARE;
Find related papers by JEL classification:
- 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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