On Kolm's Use of Epistemic Counterfactuals in Social Choice Theory
AbstractSerge Kolm's "epistemic counterfactual principle" says that a social choice only needs to be made from the actual feasible set of alternatives given the actual preference profile, but it must be justified by the choices that would have been made in appropriate counterfactual choice situations. Kolm's principle does not identify the relevant counterfactuals. In this article, it is argued that the appropriate counterfactuals to justify an impartial social choice are all of the choice situations that a moral agent behind a veil of ignorance might think is the actual choice situation outside the veil.
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Bibliographic InfoPaper provided by UBC Department of Economics in its series UBC Departmental Archives with number 95-11.
Length: 36 pages
Date of creation: 1995
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Other versions of this item:
- John A. Weymark, 2005. "On Kolm's Use of Epistemic Counterfactuals in Social Choice Theory," Vanderbilt University Department of Economics Working Papers 0518, Vanderbilt University Department of Economics.
- B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
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