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Consistent Relations

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Author Info
BOSSERT, Walter

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Abstract

Consistency, a natural weakening of transitivity introduced in a seminal contribution by Suzumura (1976b), has turned out to be an interesting and promising concept in a variety of areas within economic theory. This paper summarizes its recent applications and provides some new observations in welfarist social choice and in population ethics. In particular, it is shown that the conclusion of the welfarism theorem remains true if transitivity is replaced by consistency and that an impossibility result in variable-population social-choice theory turns into a possibility if transitivity is weakened to consistency.

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File URL: http://hdl.handle.net/1866/554
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Publisher Info
Paper provided by Universite de Montreal, Departement de sciences economiques in its series Cahiers de recherche with number 2006-03.

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Length: 19 pages
Date of creation: 2006
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Handle: RePEc:mtl:montde:2006-03

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Related research
Keywords: Consistency; Ordering Extensions; Rationalizability; Welfarism; Polation Ethics;

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Find related papers by JEL classification:
D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
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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References listed on IDEAS
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  1. Walter Bossert & Yves Sprumont & Kotaro Suzumura, 2006. "Rationalizability of choice functions on general domains without full transitivity," Social Choice and Welfare, Springer, vol. 27(3), pages 435-458, December. [Downloadable!] (restricted)
    Other versions:
  2. Suzumura, Kotaro, 1976. "Rational Choice and Revealed Preference," Review of Economic Studies, Blackwell Publishing, vol. 43(1), pages 149-58, February. [Downloadable!] (restricted)
  3. Suzumura, Kotaro, 1977. "Houthakker's axiom in the theory of rational choice," Journal of Economic Theory, Elsevier, vol. 14(2), pages 284-290, April. [Downloadable!] (restricted)
  4. Bossert, W. & Sprumont, Y. & Suzumura, K., 2002. "Maximal-Element Rationalizability," Cahiers de recherche 16-2002, Centre interuniversitaire de recherche en économie quantitative, CIREQ. [Downloadable!]
    Other versions:
  5. BLACKORBY, Charles & BOSSERT, Walter & DONALDSON, David, 2003. "Population Ethics and the Value of Life," Cahiers de recherche 2003-07, Universite de Montreal, Departement de sciences economiques. [Downloadable!]
    Other versions:
  6. BLACKORBY, Charles & BOSSERT, Walter & DONALDSON, David, 2006. "Population Ethics," Cahiers de recherche 2006-15, Universite de Montreal, Departement de sciences economiques. [Downloadable!]
  7. Charles Blackorby & Walter Bossert & David Donaldson & Marc Fleurbaey, 1998. "Critical levels and the (reverse) repugnant conclusion," Journal of Economics, Springer, vol. 67(1), pages 1-15, February. [Downloadable!] (restricted)
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  8. Suzumura, Kataro, 1976. "Remarks on the Theory of Collective Choice," Economica, London School of Economics and Political Science, vol. 43(172), pages 381-90, November. [Downloadable!] (restricted)
  9. Walter Bossert & Yves Sprumont & Kotaro Suzumura, 2005. "Consistent Rationalizability," Economica, London School of Economics and Political Science, vol. 72(286), pages 185-200, 05. [Downloadable!] (restricted)
    Other versions:
  10. Hammond, Peter J, 1979. "Equity in Two Person Situations: Some Consequences," Econometrica, Econometric Society, vol. 47(5), pages 1127-35, September. [Downloadable!] (restricted)
  11. Walter Bossert & John A. Weymark, . "Utility in Social Choice," Old UBC Departmental Papers 9623, UBC Department of Economics. [Downloadable!]
  12. Blackorby, Charles & Donaldson, David & Weymark, John A, 1984. "Social Choice with Interpersonal Utility Comparisons: A Diagrammatic Introduction," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(2), pages 327-56, June.
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