Acyclic social welfare
In this paper we show that if the Pareto relation is acyclic then the set of all Pareto optimal social states coincides with chosen social states of acyclic Paretian social welfare relations. Subsequently we show that given an acyclic Paretian social welfare relations the set of all social states chosen by it coincides with the set of all states chosen by strict Paretian extensions whose strict extension is the given social welfare relation.
|Date of creation:||22 Feb 2009|
|Date of revision:||03 Mar 2009|
|Contact details of provider:|| Postal: |
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Banerjee, Asis & Pattanaik, Prasanta K., 1996. "A note on a property of maximal sets and choice in the absence of universal comparability," Economics Letters, Elsevier, vol. 51(2), pages 191-195, May.
- Suzumura Kotaro, 1998.
"Paretian Welfare Judgements and Bergsonian Social Choice,"
Discussion Paper Series
a341, Institute of Economic Research, Hitotsubashi University.
- Suzumura, Kotaro, 1999. "Paretian Welfare Judgements and Bergsonian Social Choice," Economic Journal, Royal Economic Society, vol. 109(455), pages 204-20, April.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:13687. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)
If references are entirely missing, you can add them using this form.