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No-envy and Arrow's conditions
Authors:Vincenzo Denicolò
Institution:(1) Dipartimento di Scienze Economiche, Università di Bologna, Piazza Scaravilli 2, I-40125 Bologna, Italy (e-mail: denicolo@economia.unibo.it), IT
Abstract:This paper analyzes the concept of envy-freeness in the framework of Arrovian social choice theory. We define various no-envy conditions and study their relationships with Arrow's condition of independence of irrelevant alternatives. We also propose a new condition, called Minimal Equity, that says that each individual must have the conditional power to veto at least one social state (for instance, a social state which is particularly unfair to him). We show that, under unrestricted domain, Pareto Optimality and a weak independence condition, Minimal Equity leads to an impossibility result. Received: 9 October 1997/Accepted: 27 May 1998
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