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Common preference, non-consequential features, and collective decision making

Sususmu Cato ()

Review of Economic Design, 2014, vol. 18, issue 4, 265-287

Abstract: This paper examines an extended framework of Arrovian social choice theory. We consider two classes of values: consequential values and non-consequential values. Each individual has a comprehensive preference based on the two. Non-consequential values are assumed to be homogeneous among individuals. It is shown that a social ordering function satisfying Arrovian conditions must be non-consequential: a social comprehensive preference gives unequivocal priority to non-consequential values. We clarify the role of common preferences over non-consequential features. Copyright Springer-Verlag Berlin Heidelberg 2014

Keywords: Non-consequentialism; Arrow’s impossibility theorem; Collective decision making; Welfarism; D63; D71 (search for similar items in EconPapers)
Date: 2014
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Handle: RePEc:spr:reecde:v:18:y:2014:i:4:p:265-287