Rationalizable solutions to pure population problems
In 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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Volume (Year): 16 (1999)
Issue (Month): 3 ()
|Note:||Received: 1 December 1997/Accepted: 26 February 1998|
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References listed on IDEAS
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Cahiers de recherche
2006-15, Universite de Montreal, Departement de sciences economiques.
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