Welfarist-Consequentialism, Similarity of Attitudes and Arrow's Gerneral Impossibility Theorem

Kotaro Suzumura, 興太郎 鈴村, コウタロウ スズムラ and Yongsheng Xu

No 4, Discussion Paper from Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University

Abstract: Two features of Arrow's social choice theory are critically scrutinized. The first feature is the welfarist-consequentialism, which not only bases social judgements about right or wrong actions on the assessment of their consequences, but also assesses consequences in terms of people's welfare and nothing else. The second feature is a similarity of people's attitudes towards social outcomes as a possible resolvent of the Arrow impossibility theorem. Two extended frameworks, one consequentialist and the other non-consequentialist, are developed. Both frameworks are shown to admit some interesting resolutions of Arrow's general impossibility theorem, which are rather sharply contrasting with Arrow's own perspective.

JEL-codes: D63 D71 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2000-12
Note: This Version: July 17, 2000
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https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/14412/pie_dp4.pdf

Related works:
Journal Article: Welfarist-consequentialism, similarity of attitudes, and Arrow’s general impossibility theorem (2004)
Working Paper: Welfarist-Consequentialism, Similarity of Attitudes and Arrow's Gerneral Impossibility Theorem (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:hit:piedp1:4

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