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This paper, which is to be published as a chapter in the Oxford Handbook of Political Economy, provides an introduction to social-choice theory with interpersonal comparisons of well-being. We argue that the most promising route of escape from the negative conclusion of Arrow’s theorem is to...
Persistent link: https://www.econbiz.de/10005353382
profiles, it is assumed that there are several profiles of non-welfare information. We prove new versions of the welfarism …
Persistent link: https://www.econbiz.de/10005729659