Rationalizable Solutions to Pure Population Problems
AbstractIn pure population problems, a single resource is to be distributed equally among the agents in a society, and the social planner chooses population size(s) and per-capita consumption(s) for each resource constraint and set of feasible population sizes within the domain of the solution. This paper shows that a weak condition regarding the possible choice of a zero population is necessary and sufficient for the rationalizability of a solution by a welfarist social ordering. In addition, solutions that are rationalized by critical-level generalized utilitarianism are characterized by means of a homogeneity property.
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Bibliographic InfoPaper provided by University of Nottingham, School of Economics in its series Discussion Papers with number 97/12.
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- Walter Bossert & David Donaldson & Charles Blackorby, 1999. "Rationalizable solutions to pure population problems," Social Choice and Welfare, Springer, vol. 16(3), pages 395-407.
- D60 - Microeconomics - - Welfare Economics - - - General
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
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