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Main Authors: Goodman, Jeremy, Lederman, Harvey
Format: Preprint
Published: 2024
Subjects:
Online Access:https://arxiv.org/abs/2408.05851
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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