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  • Welfare criteria from choice: the sequential solution 

    Horan, Sean; Sprumont, Yves (Université de Montréal. Département de sciences économiques., 2015-01)
    We study the problem of deriving a complete welfare ordering from a choice function. Under the sequential solution, the best alternative is the alternative chosen from the universal set; the second best is the one chosen when the best alternative is ...