Variable-population extensions of social aggregation theorems |
| |
Authors: | Charles Blackorby Walter Bossert David Donaldson |
| |
Affiliation: | (1) Department of Economics, University of Warwick and GREQAM, Coventry, UK;(2) Département de Sciences Economiques and CIREQ, Université de Montréal, Montréal, Canada;(3) Department of Economics, University of British Columbia, Vancouver, Canada |
| |
Abstract: | This paper examines principles for social evaluation under uncertainty in environments with a variable population. In contrast to most of the literature, we employ a model that is formulated in terms of prospects rather than lotteries. Starting from a fixed-population result, a multi-profile variant of Harsanyi’s social aggregation theorem is extended to a variable-population environment. Two nested classes of population principles under uncertainty are characterized. Each is a variable-population extension of ex-ante utilitarianism. The results continue to apply if the probability distribution may vary, as long as probabilities are objectively known or agreed upon by all individuals and society. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|