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Commitment and anticipated utilitarianism

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  • Xiangyu Qu

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

Much empirical evidence demonstrates that individual preferences may not be consistent. This leads to an important question: how should societal preferences be formulated when individuals behave inconsistently? This paper, restricted to a class of preferences, addresses this question by (1) proposing a new method to rationalize individual preferences; (2) introducing a new version of Pareto principle with respect to the rationalized preferences; and (3) characterizing the societal preferences which respect this principle.

Suggested Citation

  • Xiangyu Qu, 2016. "Commitment and anticipated utilitarianism," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01437535, HAL.
    • Handle: RePEc:hal:cesptp:hal-01437535
    DOI: 10.1007/s00355-016-0965-0
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