Norms and Informational Environments in Social Choices

Bertil Tungodden

Working Papers from Norwegian School of Economics and Business Administration-

Abstract: Many have questioned approaches to social choices that demand much interpersonal comparability of utility, arguing that such comparability is hard to implement in practice. In this paper, extending a result of Blackorby, Bossert, and Donaldson (1999),we prove that a very strong informational environment can be constructed on the basis of a single fuzzy norm and cardinal measurability. Moreover, we show that only if we accept a very strong normalization procedure will we obtain an absolute scale of utility.

Keywords: SOCIAL CHOICE; SOCIAL WELFARE (search for similar items in EconPapers)
JEL-codes: D63 D71 (search for similar items in EconPapers)
Pages: 13 pages
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:fth:norgee:22/99

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