Multi-Utilitarianism in Two-Agent Quasilinear Social Choice
Christopher Chambers
No 1177, Working Papers from California Institute of Technology, Division of the Humanities and Social Sciences
Abstract:
We introduce a new class of rules for resolving quasilinear social choice problems. These rules extend those of Green [7]. We call such rules multi-utilitarian rules. Each multi-utilitarian rule is associated with a probability measure over the set of weighted utilitarian rules, and is derived as the expectation of this probability. These rules are characterized by the axioms efficiency, translation invariance, monotonicity, continuity, and additivity. By adding recursive invariance, we obtain a class of asymmetric rules generalizing those Green characterizes. A multi-utilitarian rule satisfying strong monotonicity has an associated probability measure with full support.
Keywords: social choice; quasilinear bargaining; recursive invariance (search for similar items in EconPapers)
Pages: 19 pages
Date: 2003-09
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Published: published in International Journal of Game Theory 33 (2005) pp. 315-334.
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Journal Article: Multi-utilitarianism in two-agent quasilinear social choice (2005) 
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Persistent link: https://EconPapers.repec.org/RePEc:clt:sswopa:1177
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