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Now showing items 11-20 of 25
Social Choice with Analytic Preferences
(Vanderbilt University, 2000)
Arrow's axioms for social welfare functions are shown to be inconsistent when the set of alternatives is the nonnegative orthant in a multidimensional Euclidean space and preferences are assumed to be either the set of ...
Efficient Strategy-Proof Exchangeand Minimum Consumption Guarantees
(Vanderbilt University, 2002)
For exchange economies with classical economic preferences, it is shown that any strategy-proof social choice function that selects Pareto optimal outcomes cannot guarantee everyone a consumption bundle bounded away from ...
Financing Education Using Optimal Redistributive Taxation
(Vanderbilt University, 2000)
In this article, the joint use of an income tax and public provision of education as instruments to achieve the government's distributional objectives are considered. Individuals differ in innate labour productivity and ...
Shared Destinies and the Measurement and of Social Risk Equity
(Vanderbilt University, 2008)
The evaluation of social risk equity for alternative probability distributions over the potential sets of fatalities is analyzed axiomatically. Fishburn and Straffin [Equity considerations in public risks valuation, ...
Candidate Stability and Nonbinary Social Choice
(Vanderbilt University, 2000)
A voting procedure is candidate stable if no candidate would prefer to withdraw from an election when all of the other potential candidates enter. Dutta, Jackson, and Le Breton have recently established a number of theorems ...
The Normative Approach to the Measurement of Multidimensional Inequality
(Vanderbilt University, 2003)
This article provides an introduction to the normative approach to multidimensional inequality measurement. Multivariate generalizations of the procedures used to construct univariate inequality indices from social evaluation ...
Multidimensional Generalized Gini Indices
(Vanderbilt University, 2003)
The axioms used to characterize the generalized Gini social evaluation orderings for one-dimensional distributions are extended to the multidimensional attributes case. A social evaluation ordering is shown to have a ...
Shared Consumption: A Technological Analysis
(Vanderbilt University, 2003)
James Buchanan (Economica, 1966) has argued that Alfred Marshall's theory of jointly-supplied goods can be extended to analyze the allocation of impure public goods. This article introduces a way of modelling sharing ...
On Kolm's Use of Epistemic Counterfactuals in Social Choice Theory
(Vanderbilt University, 2005)
Serge Kolm's "epistemic counterfactual principle" says that a social choice only needs to be made from the actual feasible set of alternatives given the actual preference profile, but it must be justified by the choices ...
Dominance Criteria for Critical-Level Generalized Utilitarianism
(Vanderbilt University, 2007)
Social welfare dominance criteria based on critical-level generalized utilitarian social welfare functions are investigated. An analogue of a generalized Lorenz curve called a generalized concentration curve is introduced. ...