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Social values and individual choices

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  • Encarnacion, J.

Abstract

This paper sketches a theory of social choice based on a lexicographic ordering of multiple social values that can be pursued to greater or lesser degrees. Distinctions are made among the following concepts: (a) the vector-valued social decision, which results from individual choices regarding its components; (b) the social choice, which calls the compliance by the members of society with the social decision; and (c) social welfare judgements, which apply to situations where individual choices violate the social choice. A resolution of the Sen-Gibbard libertarian paradox follows from the theory.
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Suggested Citation

  • Encarnacion, J., 1983. "Social values and individual choices," Journal of Economic Behavior & Organization, Elsevier, vol. 4(2-3), pages 265-275.
  • Handle: RePEc:eee:jeborg:v:4:y:1983:i:2-3:p:265-275
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    Cited by:

    1. Drakopoulos, S. A. & Theodossiou, I., 1997. "Job satisfaction and target earnings," Journal of Economic Psychology, Elsevier, vol. 18(6), pages 693-704, November.

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