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Paretian Welfare Judgements and Bergsonian Social Choice

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  • Suzumura Kotaro

Abstract

This paper examines the logical performance of new welfare economics from the viewpoint of social choice theory.We show that the logical completeness of its research program hinges squarely on the possibility that, for each Paretian Bergson-Samuelson social welfare ordering R, the social choice set from any opportunity set can be recovered by finding the maximal set for each and every partial preference relation that is both a sub-relation of R and an extension of the Pareto quasiordering, and taking the intersection of these maximal sets. A neccessary and sufficient condition for this recoverability property is identified.

Suggested Citation

  • Suzumura Kotaro, 1998. "Paretian Welfare Judgements and Bergsonian Social Choice," Discussion Paper Series a341, Institute of Economic Research, Hitotsubashi University.
  • Handle: RePEc:hit:hituec:a341
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    References listed on IDEAS

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    1. Waterson, Michael, 1982. "Vertical Integration, Variable Proportions and Oligopoly," Economic Journal, Royal Economic Society, vol. 92(365), pages 129-144, March.
    2. Barbara J. Spencer & James A. Brander, 1982. "Tariff Protection and Imperfect Competition," Working Papers 517, Queen's University, Department of Economics.
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    4. Robert M. Feinberg & Seth Kaplan, 1993. "Fishing Downstream: The Political Economy of Effective Administered Protection," Canadian Journal of Economics, Canadian Economics Association, vol. 26(1), pages 150-158, February.
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    6. Michael A. Salinger, 1988. "Vertical Mergers and Market Foreclosure," The Quarterly Journal of Economics, Oxford University Press, vol. 103(2), pages 345-356.
    7. Hoekman, Bernard M. & Leidy, Michael P., 1992. "Cascading contingent protection," European Economic Review, Elsevier, vol. 36(4), pages 883-892, May.
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    Citations

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    Cited by:

    1. Athanasios Andrikopoulos, 2007. "A representation of consistent binary relations," Spanish Economic Review, Springer;Spanish Economic Association, vol. 9(4), pages 299-307, December.
    2. Gowdy, John, 2005. "Toward a new welfare economics for sustainability," Ecological Economics, Elsevier, vol. 53(2), pages 211-222, April.
    3. Suzumura, Kotaro & Xu, Yongsheng, 2003. "On constrained dual recoverability theorems," Mathematical Social Sciences, Elsevier, vol. 45(2), pages 143-154, April.
    4. Marc Fleurbaey & Philippe Mongin, 2005. "The news of the death of welfare economics is greatly exaggerated," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 25(2), pages 381-418, December.
    5. John Gowdy, 2006. "Evolutionary Theory and Economic Policy with Reference to Sustainability," Journal of Bioeconomics, Springer, vol. 8(1), pages 1-19, April.
    6. Lahiri, Somdeb, 2009. "Acyclic social welfare," MPRA Paper 13687, University Library of Munich, Germany, revised 03 Mar 2009.
    7. Gowdy, John & Seidl, Irmi, 2004. "Economic man and selfish genes: the implications of group selection for economic valuation and policy," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 33(3), pages 343-358, July.
    8. Athanasios Andrikopoulos, 2011. "Characterization of the existence of semicontinuous weak utilities for binary relations," Theory and Decision, Springer, vol. 70(1), pages 13-26, January.
    9. Kotaro Suzumura, 2002. "Introduction to social choice and welfare," Temi di discussione (Economic working papers) 442, Bank of Italy, Economic Research and International Relations Area.

    More about this item

    JEL classification:

    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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