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Rawls’s maximin rule and Arrow’s impossibility theorem

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  • Ou-Yang, Kui

Abstract

Rawls’s maximin rule is closely related to Arrow’s impossibility theorem. When there are at least three social states and three social members, a social welfare functional with full domain is the maximin rule if and only if it satisfies anonymity, binary independence, weak ordinal non-comparability, the weak Pareto principle, and the Pareto indifference principle.

Suggested Citation

  • Ou-Yang, Kui, 2016. "Rawls’s maximin rule and Arrow’s impossibility theorem," Economics Letters, Elsevier, vol. 145(C), pages 114-116.
    • Handle: RePEc:eee:ecolet:v:145:y:2016:i:c:p:114-116
    DOI: 10.1016/j.econlet.2016.05.026
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    References listed on IDEAS

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    1. Susumu Cato, 2010. "Brief proofs of Arrovian impossibility theorems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 35(2), pages 267-284, July.
    2. Fishburn, Peter C., 1970. "Arrow's impossibility theorem: Concise proof and infinite voters," Journal of Economic Theory, Elsevier, vol. 2(1), pages 103-106, March.
    3. Ou-Yang, Kui, 2015. "A complete characterization of hierarchy," Economics Letters, Elsevier, vol. 136(C), pages 162-164.
    4. Hammond, Peter J, 1976. "Equity, Arrow's Conditions, and Rawls' Difference Principle," Econometrica, Econometric Society, vol. 44(4), pages 793-804, July.
    5. Claude D'Aspremont & Louis Gevers, 1977. "Equity and the Informational Basis of Collective Choice," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(2), pages 199-209.
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    7. Blau, Julian H, 1972. "A Direct Proof of Arrow's Theorem," Econometrica, Econometric Society, vol. 40(1), pages 61-67, January.
    8. John Geanakoplos, 2005. "Three brief proofs of Arrow’s Impossibility Theorem," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 26(1), pages 211-215, July.
    9. Ning Yu, 2012. "A one-shot proof of Arrow’s impossibility theorem," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 50(2), pages 523-525, June.
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    Cited by:

    1. Ou-Yang, Kui, 2018. "Equity, hierarchy, and ordinal social choice," Mathematical Social Sciences, Elsevier, vol. 91(C), pages 75-84.
    2. Kui Ou-Yang, 2018. "Generalized rawlsianism," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 50(2), pages 265-279, February.

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    More about this item

    Keywords

    Social welfare functional; Rawlsianism; Arrow’s impossibility theorem;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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