Rational Choice and Social Welfare: Theory and Applications / Edition 1

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More About This Textbook


The papers in this volume explore various issues relating to theories of rational choice and social welfare and their applications. The topics include resource allocation problems, population ethics, rationalizability of choice functions and demand functions for money, game theory, individual rights, and measurements of vulnerability, diversity, and changes in individual welfare. Researchers and advanced graduate students who want to learn more about such topics will find the book very useful.

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Product Details

  • ISBN-13: 9783540798316
  • Publisher: Springer Berlin Heidelberg
  • Publication date: 11/17/2008
  • Series: Studies in Choice and Welfare Series
  • Edition description: 2008
  • Edition number: 1
  • Pages: 272
  • Product dimensions: 6.30 (w) x 9.40 (h) x 0.80 (d)

Table of Contents

Introduction 1

Pt. I Arrovian Social Choice Theory and its Developments

Limited Rights as Partial Veto and Sen's Impossibility Theorem Maurice Salles Salles, Maurice 11

Harmless Homotopic Dictators Nicholas Baigent Baigent, Nicholas 25

Remarks on Population Ethics Tomoichi Shinotsuka Shinotsuka, Tomoichi 35

On Non-Welfarist Social Ordering Functions Naoki Yoshihara Yoshihara, Naoki 43

Pt. II Social Choice and Fair Allocations

Monotonicity and Solidarity Axioms in Economics and Game Theory Yves Sprumont Sprumont, Yves 71

To Envy or to be Envied? Refinements of the Envy Test for the Compensation Problem Marc Fleurbaey Fleurbaey, Marc 95

Choice-Consistent Resolutions of the Efficiency-Equity Trade-Off Koichi Tadenuma Tadenuma, Koichi 119

Characterization of the Maximin Choice Function in a Simple Dynamic Economy Koichi Suga Suga, Koichi Daisuke Udagawa Udagawa, Daisuke 139

Pt. II Rational Choice, Individual Welfare, and Games

Suzumura Consistency Walter Bossert Bossert, Walter 159

On the Microtheoretic Foundations of Cagan's Demand for Money Function Rajat Deb Deb, Rajat Kaushal Kishore Kishore, Kaushal Tae Kun Seo Seo, Tae Kun 181

Hicksian Surplus Measures of Individual Welfare Change When There is Price and Income Uncertainty Charles Blackorby Blackorby, Charles David Donaldson Donaldson, David John A. Weymark Weymark, John A. 195

Beyond Normal Form Invariance: First Mover Advantage in Two-Stage Games with or without Predictable Cheap Talk Peter J. Hammond Hammond, Peter J. 215

Pt. IV Social Welfare and the Measurement of Unemployment and Diversity

Unemployment and Vulnerability: A Class of Distribution Sensitive Measures, its Axiomatic Properties,and Applications Kaushik Basu Basu, Kaushik Patrick Nolen Nolen, Patrick 237

Ordinal Distance, Dominance, and the Measurement of Diversity Prasanta K. Pattanaik Pattanaik, Prasanta K. Yongsheng Xu Xu, Yongsheng 259

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