Download This PaperThe Utilitarian Social Choice Functional
Revisita Investigacion Operational, Vol. 40, No:4, 503-515, 2019.
13 Pages Posted: 12 Oct 2018 Last revised: 9 Jun 2019
Date Written: October 15, 2018
Abstract
We introduce the concept of a social choice functional and provide two axiomatic characterizations of the utilitarian social choice functional. Subsequently we consider Harsanyi’s weighted utilitarianism and establish two more propositions concerning the same. While the first is an axiomatic characterization of Harsanyi’s weighted utilitarianism, the second provides a sufficient condition for exact Harsanyi’s weighted utilitarianism.
Keywords: social choice functional, evaluation function, utilitarian, weighted utilitarian
JEL Classification: D71
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