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dc.contributor.authorLombardi, Micheleen_US
dc.contributor.authorVeneziani, Robertoen_US
dc.date.accessioned2012-02-09T14:07:20Z-
dc.date.available2012-02-09T14:07:20Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/55193-
dc.description.abstractThis paper extends the analysis of liberal principles in social choice recently proposed by Mariotti and Veneziani (2009a) to infinitely-lived societies. First, a novel characterisation of the inegalitarian leximax social welfare relation is provided based on the Individual Benefit Principle, which incorporates a liberal, non-interfering view of society. This result is surprising because the IBP has no obvious inegalitarian content. Second, it is shown that there exists no weakly complete social welfare relation that satisfies simultaneously the standard axioms of Finite Anonymity, Strong Pareto, and Weak Preference Continuity, and a liberal principle of Non-Interference that generalises IBP.en_US
dc.language.isoengen_US
dc.publisherQueen Mary, Univ. of London, School of Economics and Finance Londonen_US
dc.relation.ispartofseriesWorking Paper // School of Economics and Finance, Queen Mary, University of London 650en_US
dc.subject.jelD63en_US
dc.subject.jelD70en_US
dc.subject.jelQ01en_US
dc.subject.ddc330en_US
dc.subject.keywordinfinite utility streamsen_US
dc.subject.keywordIndividual Benefit Principleen_US
dc.subject.keywordleximaxen_US
dc.subject.keywordnon-interferenceen_US
dc.subject.keywordimpossibilityen_US
dc.subject.stwLiberalismusen_US
dc.subject.stwPublic Choiceen_US
dc.subject.stwSoziale Lageen_US
dc.subject.stwTheorieen_US
dc.titleLiberal principles for social welfare relations in infinitely-lived societiesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn608966436en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Paper Series, School of Economics and Finance, Queen Mary, University of London

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