Aggregation of Preferences and Social Choice
Takashi Hayashi ()
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Takashi Hayashi: University of Glasgow
Chapter Chapter 31 in Microeconomic Theory for the Social Sciences, 2021, pp 473-488 from Springer
Abstract:
Abstract The argument in the last chapter suggests that we have to have a serious theory about who should gain and who should lose when a policy cannot make everybody better off. The problem of modern economics is rather that it is not even utilitarian.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-3541-0_31
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DOI: 10.1007/978-981-16-3541-0_31
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