Continuity in transformation invariant social orderings two impossibilities
We show that (1) a social ordering on R >= 0 that satisfies Strong Paretoness, Invariance with respect to a Positive Proportional Transformation and Lower Semi-Continuity does not exist and (2) that a social ordering on R > 0 that satisfies Weak Paretoness, Invariance with respect to an Affine...
| הוצא לאור ב: | The Philippine Review of Business and Economics Vol. XXXVI, No. 1 (June 1999), p. 14-21. |
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| מחבר ראשי: | |
| פורמט: | Analytics |
| שפה: | English |
| יצא לאור: |
1999.
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| נושאים: |