Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957066 | Journal of Economic Theory | 2007 | 16 Pages |
Abstract
Consider the problem of aggregating a profile of interpersonally comparable utilities into a social utility. We require that the units of measurement of utility used for agents is the same as the units of measurement for society (ordinal covariance) and a mild Pareto condition (monotonicity). We provide several representations of such social aggregation operators: a canonical representation, a Choquet expectation representation, a minimax representation, and a quantile representation (with respect to a possibly non-additive set function on the agents). We also isolate an additional condition that gives us a quantile representation with respect to a probability measure, in both the finite and infinite agents case.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Christopher P. Chambers,