Existence Theorems of Continuous Social Aggregation for Infinite Discrete Alternatives
Stacey Chen () and
Wu-Hsiung Huang ()
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Wu-Hsiung Huang: National Taiwan University
No 17-09, GRIPS Discussion Papers from National Graduate Institute for Policy Studies
This paper considers the infinite alternative case to prove the existence of continuous social welfare aggregation that is anonymous and respects the unanimity. It clarifies the controversy between Chichilnisky (1982, QJE) and Huang for their contradictory results for the continuum case. Compared to their topological frameworks, the infinite alternative case is easier to understand and pinpoint their difference.
Pages: 12 pages
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Persistent link: https://EconPapers.repec.org/RePEc:ngi:dpaper:17-09
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