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A Lexicographic Ordering in Policy Optimization Methods

J.M. Viaene

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

Abstract: This Paper Argues for a Hypothesis Regarding a Social Welfare Function Which Seems in Line with Theoretical Considerations and Observations About the Policy-Maker's Behavior. We Make Use of a Lexicographic Ordering to Define the Planner's Choice Among Altenatives.

Keywords: Social; Welfare (search for similar items in EconPapers)
Date: Written 1987

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Persistent link: http://EconPapers.repec.org/RePEc:mtl:montde:8742

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Handle: RePEc:mtl:montde:8742