Maximal Social Welfare Relations on Infinite Populations Satisfying Permutation Invariance
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arXiv
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| Hauptverfasser: | , |
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| Format: | Preprint |
| Veröffentlicht: |
2024
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| _version_ | 1866909379611066368 |
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| author | Goodman, Jeremy Lederman, Harvey |
| author_facet | Goodman, Jeremy Lederman, Harvey |
| contents | We study social welfare relations (SWRs) on an infinite population. Our main result is a new characterization of a utilitarian SWR as the \emph{largest} SWR (in terms of subset when the weak relation is viewed as a set of pairs) which satisfies Strong Pareto, Permutation Invariance (elsewhere called ``Relative Anonymity'' and ``Isomorphism Invariance''), and a further ``Quasi-Independence'' axiom. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2408_05851 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | Maximal Social Welfare Relations on Infinite Populations Satisfying Permutation Invariance Goodman, Jeremy Lederman, Harvey General Economics Economics We study social welfare relations (SWRs) on an infinite population. Our main result is a new characterization of a utilitarian SWR as the \emph{largest} SWR (in terms of subset when the weak relation is viewed as a set of pairs) which satisfies Strong Pareto, Permutation Invariance (elsewhere called ``Relative Anonymity'' and ``Isomorphism Invariance''), and a further ``Quasi-Independence'' axiom. |
| title | Maximal Social Welfare Relations on Infinite Populations Satisfying Permutation Invariance |
| topic | General Economics Economics |
| url | https://arxiv.org/abs/2408.05851 |