Social choice in economic environments
type: Item
instance of: scholarly article
title: Social choice in economic environments
zbMATH Open document ID: 0663.90004
DOI: 10.1016/0022-0531(88)90132-9
author: David Donaldson
author: John A. Weymark
published in: Journal of Economic Theory
publication date: 1988-01-01T00:00:00Z
review text: The authors investigate the robustness of Arrow's negative result about social welfare functions when individual preferences and feasible sets satisfy restrictions usually associated with economic environments. The feasible set consists of all compact, comprehensive (i.e., satisfying the free disposal assumption) subsets of the positive orthant of a multidimensional Euclidean space which satisfy a nondegeneracy condition and the preferences are required to be continuous. Possibility and impossibility results are obtained depending on variations about the independence condition and the economic environments.
Mathematics Subject Classification ID: 91B14
zbMATH DE Number: 4085363
zbMATH Keywords: Arrow's impossibility theorem
zbMATH Keywords: nondegeneracy condition
zbMATH Keywords: impossibility results
zbMATH Keywords: independence condition
zbMATH Keywords: economic environments
reviewed by: Maurice Salles
MaRDI profile type: Publication
full work available at URL: 0022-0531(88)90132-9
OpenAlex ID: W2062913627
cites work: Social choice and individual values
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cites work: Social welfare functions for economic environments with and without the Pareto principle
cites work: Arrow's theorem for economic environments and effective social preferences
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cites work: On non-binary social choice
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description: scientific article; zbMATH DE number 4085363