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Social Values and Individual Choices

Author

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  • Jose Encarnacion, Jr.

    (School of Economics, University of the Philippines Diliman)

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.

Suggested Citation

  • Jose Encarnacion, Jr., 1982. "Social Values and Individual Choices," UP School of Economics Discussion Papers 198204, University of the Philippines School of Economics.
    • Handle: RePEc:phs:dpaper:198204
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    Cited by:

    1. Drakopoulos, Stavros A., 2003. "Choice Theoretical Foundations of Union Utility Functions Involving Discontinuities," MPRA Paper 90229, University Library of Munich, Germany.
    2. 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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