On Non-welfarist Social Ordering Functions
Naoki Yoshihara (),
直毅 吉原 and
ナオキ ヨシハラ
No a497, Discussion Paper Series from Institute of Economic Research, Hitotsubashi University
Abstract:
In this paper, criticizing the welfarist's framework in traditional welfare economics which provides a rather limited perspective for social evaluation, we propose a more comprehensive framework in which extended social ordering functions (ESOFs) are introduced. In this framework, not only welfaristic values, but also non-welfaristic values can be treated appropriately. Then, we examine the possibility of non-welfarist ESOFs which meet a value of Individual Autonomy, a criterion of non-welfairst distributive justice, and the welfarist Pareto principle. First, there is no first best ESOF in the sense that the above three axioms are satisfied simultaneously. Second, however, we can show the existence of some second best ESOFs, using a weaker lexicographic application method.
JEL-codes: D63 I31 I38 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2007-09
New Economics Papers: this item is included in nep-cba
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Persistent link: https://EconPapers.repec.org/RePEc:hit:hituec:a497
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