Social welfare orderings for ratio-scale measurable utilities
Publication in refereed journal


香港中文大学研究人员 ( 现职)

崔启源教授 (经济学系)

全文

数位物件识别号 (DOI) http://dx.doi.org/10.1007/s001990050156

引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/15WOS source URL

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摘要This article characterizes all of the continuous social welfare orderings which satisfy the Weak (resp. Strong) Pareto principle when utilities are ratio-scale measurable. With Weak Pareto, on both the nonnegative and positive orthants the social welfare ordering must be representable by a weakly increasing Cobb-Douglas social welfare function while on the whole Euclidean space the social welfare ordering must be strongly dictatorial. With Strong Pareto, on the positive orthant the social welfare ordering must be representable by a strictly increasing Cobb-Douglas social welfare function but on the other two domains an impossibility theorem is obtained.

着者Tsui KY, Weymark JA
期刊名称ECONOMIC THEORY
出版年份1997
月份8
日期1
卷号10
期次2
出版社SPRINGER VERLAG
页次241 - 256
国际标準期刊号0938-2259
语言英式英语

Web of Science 学科类别Business & Economics; Economics; ECONOMICS