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Multi-Profile Intergenerational Social Choice
(Université de Montréal. Département de sciences économiques., 2008-06)
Ferejohn and Page transplanted a stationarity axiom from Koopmans’ theory of impatience into Arrow’s social choice theory with an infinite horizon and showed that the Arrow axioms and stationarity lead to a dictatorship ...
Rationality, External Norms and the Epistemic Value of Menus
(Université de Montréal. Département de sciences économiques., 2008-06)
Ever since Sen’s (1993; 1997) criticism on the notion of internal consistency or menu independence of choice, there exists a widespread perception that the standard revealed preference approach to the theory of rational ...