Liberal Principles for Social Welfare Relations in Infinitely-Lived Societies
This paper extends the analysis of liberal principles in social choice recently proposed by Mariotti and Veneziani (2009a) to infinitely-lived societies. First, a novel characterisation of the inegalitarian leximax social welfare relation is provided based on the Individual Benefit Principle, which incorporates a liberal, non-interfering view of society. This result is surprising because the IBP has no obvious inegalitarian content. Second, it is shown that there exists no weakly complete social welfare relation that satisfies simultaneously the standard axioms of Finite Anonymity, Strong Pareto, and Weak Preference Continuity, and a liberal principle of Non-Interference that generalises IBP.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
| Length: | |
| Date of creation: | Sep 2009 |
| Handle: | RePEc:qmw:qmwecw:wp650 |
| Contact details of provider: | Postal: London E1 4NS Phone: +44 (0) 20 7882 5096 Fax: +44 (0) 20 8983 3580 Web page: http://www.econ.qmul.ac.uk More information through EDIRC
|
No references listed on IDEAS
You can help add them by filling out this form.