An extended social choice framework is proposed for the analysis of initial conferment of individual rights. This framework captures the intuitive conception of decision-making procedure as a carrier of intrinsic value along with the instrumental usefulness thereof in realizing valuable culmination outcomes. The model of social decision-making consists of two stages. In the first stage, the society decides on the game-form rights to be promulgated. In the second stage, the promulgated game form rights, coupled with the revealed profile of individual preference orderings over the set of culmination outcomes, determine a fully-fledged game, the play of which determines a culmination outcome at the Nash equilibrium. A set of sufficient conditions for the existence of a social choice procedure, which can choose a game form in the first stage that is not only liberal, but also uniformly applicable to every revealed profile of individual preference orderings over the set of culmination outcomes, is identified.
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Paper provided by Institute of Economic Research, Hitotsubashi University in its series Discussion Paper Series with number
a478.
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Gaertner, Wulf & Pattanaik, Prasanta K & Suzumura, Kotaro, 1992.
"Individual Rights Revisited,"
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Sen, Amartya, 1992.
"Minimal Liberty,"
Economica,
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