Universal Social Orderings
AbstractWe propose the concept of a universal social ordering, defined on the set of pairs of an allocation and a preference profile of any finite population. It is meant to unify evaluations and comparisons of social states with populations of possibly different sizes with various characteristics. The universal social ordering not only evaluates policy options for a given population but also compares social welfare across populations, as in international or intertemporal comparisons of living standards. It also makes it possible to evaluate policy options which affect the size of the population or the preferences of its members. We study how to extend the theory of social choice in order to select such orderings on a rigorous axiomatic basis. Key ingredients in this analysis are attitudes with respect to population size and the bases of interpersonal comparisons.
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Bibliographic InfoPaper provided by Institute of Economic Research, Hitotsubashi University in its series Global COE Hi-Stat Discussion Paper Series with number gd08-024.
Date of creation: Jan 2009
Date of revision:
social choice; universal social orderings; maximin principle; interpersonal comparisons;
Other versions of this item:
- Marc Fleurbaey & Koichi Tadenuma, 2009. "Universal Social Ordering," IDEP Working Papers 0901, Institut d'economie publique (IDEP), Marseille, France, revised Jan 2009.
- Fleurbaey, Marc & Tadenuma, Koichi, 2009. "Universal Social Orderings," CCES Discussion Paper Series 9, Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University.
- Fleurbaey, Marc & Tadenuma, Koichi, 2009. "Universal Social Orderings," Discussion Papers 2009-02, Graduate School of Economics, Hitotsubashi University.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-01-31 (All new papers)
- NEP-CBA-2009-01-31 (Central Banking)
- NEP-CDM-2009-01-31 (Collective Decision-Making)
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