On social welfare functionals: Representation theorems and equivalence classes

We substantially weaken the traditional unrestricted domain assumption and give axiomatic characterizations of social welfare functionals representable by utility functions of the form , where is a utility profile specifying a concrete welfare situation, and W is a real-valued function belonging to a particular class. Also we consider general equivalence relations on the utility space and obtain representation theorems on utility equivalence classes.

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Year of publication:	2010
Authors:	Levin, Vladimir L.
Published in:	Mathematical Social Sciences. - Elsevier, ISSN 0165-4896. - Vol. 59.2010, 3, p. 299-305
Publisher:	Elsevier
Keywords:	Assembling and strong assembling Neutrality Strengthened acyclicity Translation invariance and positive translation invariance Pasting together Quasi Pareto and weak Pareto principles

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008488329