Welfarism and information invariance
Walter Bossert
Social Choice and Welfare, 2000, vol. 17, issue 2, 336 pages
Abstract:
This paper examines the consequences of imposing general information-invariance conditions in the context of welfarist social-welfare functionals. Dual relationships between invariance axioms for social-welfare functionals and the corresponding properties of the associated social-welfare orderings are established. Unlike most of the literature on information assumptions in social-choice theory, the paper does not restrict attention to invariance conditions that can be defined in terms of admissible utility transformations and, instead, employs a more general approach.
Date: 2000-02-28
Note: Received: 6 October 1997/Accepted: 17 March 1999
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Working Paper: Welfarism and Information Invariance (1997)
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