Min, Max, and Sum

Uzi Segal and Joel Sobel ()

No 512, Boston College Working Papers in Economics from Boston College Department of Economics

Abstract: This paper provides characterization theorems for preferences. The main assumption is partial separability, where changing a common component of two vectors does not reverse strict preferences, but may turn strict preferences into indifference. We discuss applications of our results to social choice.

Keywords: maximin utility; utilitarianism; Rawls social welfare function (search for similar items in EconPapers)
JEL-codes: C0 D1 D6 (search for similar items in EconPapers)
Date: 2001-10-01
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Journal Article: Min, Max, and Sum (2002)
Working Paper: Min, Max, and Sum (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:boc:bocoec:512

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