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Consistent Relations

Walter Bossert ()

Cahiers de recherche from Universite de Montreal, Departement de sciences economiques

Abstract: Consistency, a natural weakening of transitivity introduced in a seminal contribution by Suzumura (1976b), has turned out to be an interesting and promising concept in a variety of areas within economic theory. This paper summarizes its recent applications and provides some new observations in welfarist social choice and in population ethics. In particular, it is shown that the conclusion of the welfarism theorem remains true if transitivity is replaced by consistency and that an impossibility result in variable-population social-choice theory turns into a possibility if transitivity is weakened to consistency.

Keywords: Consistency; Ordering Extensions; Rationalizability; Welfarism; Polation Ethics (search for similar items in EconPapers)
JEL-codes: D01 D63 D71 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dcm
Date: 2006
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Handle: RePEc:mtl:montde:2006-03