Social welfare functions and fairness
A definition of a social state is proposed that incorporates the notion of procedural fairness into Harsanyi's (1955) analytical framework. We show that, within the new framework, a Harsanyi-type social welfare function is immune to Diamond's (1967) criticism. Moreover, the resulting social welfare function embodies the notion of procedural fairness held by individual members of the society.
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Volume (Year): 13 (1996)
Issue (Month): 4 ()
|Note:||Received: 7 February 1995/Accepted: 5 October 1995|
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://www.springer.com/economics/economic+theory/journal/355|