Multi-profile intertemporal social choice: a survey
AbstractWe provide a brief survey of some literature on intertemporal social choice theory in a multi-profile setting. As is well-known, Arrow’s impossibility result hinges on the assumption that the population is finite. For infinite populations, there exist nondictatorial social welfare functions satisfying Arrow’s axioms and they can be described by their corresponding collections of decisive coalitions. We review contributions that explore whether this possibility in the infinite-population context allows for a richer class of social welfare functions in an intergenerational model. Different notions of stationarity formulated for individual and for social preferences are examined.
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Bibliographic InfoPaper provided by Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University in its series CIS Discussion paper series with number 584.
Length: 19 p.
Date of creation: Jan 2013
Date of revision:
Infinite-population social choice; multi-profile social choice; decisiveness; intergenerational choice;
Other versions of this item:
- Bossert, Walter & Suzumura, Kotaro, 2013. "Multi-profile intertemporal social choice: a survey," CIS Discussion paper series 591, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-02-08 (All new papers)
- NEP-DEM-2013-02-08 (Demographic Economics)
- NEP-EVO-2013-02-08 (Evolutionary Economics)
- NEP-MIC-2013-02-08 (Microeconomics)
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