ISBN:
0444861289
Content:
This chapter discusses the social choice theory. There is social choice problems, which deals with methods of marshalling information, particularly those relating to the people involved, to arrive at correct social judgments or acceptable group decisions. But the natures of the possible informational inputs vary, as do the required outputs of judgments, decisions, or the required means of settlement. The balance of moral and pragmatic considerations also varies with the nature of the exercise. There are other differences, for example, whether the procedures permit the use of discretion in interpreting individual utilities or are mechanical. The nature of the exercise affects the appropriate specification of the social choice format. This relates to distinctions among structures such as social welfare functions, social decision functions, social choice functions or functional collective choice rules, or social welfare functional. It also affects the appropriateness of particular axioms within a given structure, for example, whether the social welfare function satisfies the independence condition or what types of interpersonal comparability if any is used. The relevance of the various results presented and discussed depends on the particular nature of the exercise to which application is sought.
In:
Handbook of mathematical economics, Amsterdam : North-Holland Pub. Co, 1986, (1986), Seite 1073-1181, 0444861289
In:
9780444861283
In:
year:1986
In:
pages:1073-1181
Language:
English
DOI:
10.1016/S1573-4382(86)03004-7
URL:
Volltext
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