Maximal Social Welfare Relations on Infinite Populations Satisfying Permutation Invariance
Jeremy Goodman and
Harvey Lederman
Papers from arXiv.org
Abstract:
We study social welfare relations (SWRs) on an infinite population. Our main result is a new characterization of a utilitarian SWR as the \emph{largest} SWR (in terms of subset when the weak relation is viewed as a set of pairs) which satisfies Strong Pareto, Permutation Invariance (elsewhere called ``Relative Anonymity'' and ``Isomorphism Invariance''), and a further ``Quasi-Independence'' axiom.
Date: 2024-08, Revised 2024-11
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2408.05851
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