BLACKORBY, Charles; BOSSERT, Walter; DONALDSON, David - Département de Sciences Économiques, Université de … - 2003
This paper provides new versions of Harsanyi’s social aggregation theorem that are formulated in terms of prospects rather than lotteries. Strengthening an earlier result, fixed-population ex-ante utilitarianism is characterized in a multi-profile setting with fixed probabilities. In addition,...