Min, Max, and Sum

This paper provides characterization theorems for preferences. The main assumption is partial separability, where changing a common component of two vectors does not reverse strict preferences, but may turn strict preferences into indifference. We discuss applications of our results to social choice.

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Year of publication:	2001-10-01
Authors:	Segal, Uzi ; Sobel, Joel
Institutions:	Department of Economics, Boston College
Subject:	maximin utility \| utilitarianism \| Rawls social welfare function

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Extent:	application/pdf
Series:	Boston College Working Papers in Economics.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Boston College Working Papers in Economics Number 512 30 pages
Classification:	C0 - Mathematical and Quantitative Methods. General ; D1 - Household Behavior and Family Economics ; D6 - Welfare Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005074104