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Permalink: http://hdl.handle.net/1866/8643

Multi-Profile Intertemporal Social Choice

Article [Version of Record]
Thumbnail
09-2012-cah.pdf (131.1Kb)
Is part of
Cahier de recherche ; no. 2012-08.
Publisher(s)
Université de Montréal. Département de sciences économiques.
2012-08
Author(s)
Bossert, Walter
Suzumura, Kotaro
Affiliation
  • Université de Montréal. Faculté des arts et des sciences. Département de sciences économiques
Keywords
  • Infinite-population social choice
  • Multi-profile social choice
  • Decisiveness
  • Intergenerational choice
Abstract(s)
We provide a brief survey of some literature on intertemporal social choice theory in a multi-profile setting. As is well-known, Arrow’s impossibility result hinges on the assumption that the population is finite. For infinite populations, there exist nondictatorial social welfare functions satisfying Arrow’s axioms and they can be described by their corresponding collections of decisive coalitions. We review contributions that explore whether this possibility in the infinite-population context allows for a richer class of social welfare functions in an intergenerational model. Different notions of stationarity formulated for individual and for social preferences are examined. Journal of Economic Literature Classification No.: D71.
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  • Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications [552]

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