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Essay 28. Informational Bases of Welfare Economics, Transcendental Institutionalism, and the Comparative Assessment Approach
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Chapters in this book
- Frontmatter i
- Contents v
- Preface ix
- Original Sources xiii
- Introduction 1
-
Part I. Rational Choice as Rationalizable Choice
- Introduction to Part I 101
- Essay 1. Rational Choice and Revealed Preference 109
- Essay 2. Houthakker’s Axiom in the Theory of Rational Choice 127
- Essay 3. Suzumura-Consistent Rationalizability 135
- Essay 4. Revealed Preference and Choice under Uncertainty 157
-
Part II. Social choice and Welfare Economics
- Introduction to Part II 175
- Essay 5. Impossibility Theorems without Collective Rationality 181
- Essay 6. Remarks on the Theory of Collective Choice 203
- Essay 7. Arrovian Aggregation in Economic Environments: How Much Should We Know about Indifference Surfaces? 219
- Essay 8. A Characterization of Suzumura-Consistent Collective Choice Rules 251
-
Part III. Equity, Efficiency, and Intergenerational Justice
- Introduction to Part III 267
- Essay 9. On Pareto-Efficiency and the No-Envy Concept of Equity 273
- Essay 10. The Informational Basis of the Theory of Fair Allocation 289
- Essay 11. Ordering Infinite Utility Streams 329
- Essay 12. Multi-Profile Intergenerational Social Choice 345
-
Part IV. Individual Rights and Social Welfare
- Introduction to Part IV 369
- Essay 13. On the Consistency of Libertarian Claims 375
- Essay 14. Liberal Paradox and the Voluntary Exchange of Rights Exercising 403
- Essay 15. Individual Rights Revisited 423
- Essay 16. Welfare, Rights, and Social Choice Procedure: A Perspective 447
-
Part V. Consequentialism Versus Nonconsequentialism
- Introduction to Part V 471
- Essay 17. Consequences, Opportunities, and Procedures 477
- Essay 18. Characterizations of Consequentialism and Nonconsequentialism 505
- Essay 19. Consequences, Opportunities, and Generalized Consequentialism and Nonconsequentialism 521
- Essay 20. Welfarist-Consequentialism, Similarity of Attitudes, and Arrow’s General Impossibility Theorem 537
-
Part VI. Competition, Cooperation, and Economic Welfare
- Introduction to Part VI 559
- Essay 21. Entry Barriers and Economic Welfare 565
- Essay 22. Oligopolistic Competition and Economic Welfare: A General Equilibrium Analysis of Entry Regulation and Tax-Subsidy Schemes 585
- Essay 23. Symmetric Cournot Oligopoly and Economic Welfare: A Synthesis 611
- Essay 24. Cooperative and Noncooperative R&D in an Oligopoly with Spillovers 637
-
Part VII. Historically Speaking
- Introduction to Part VII 665
- Essay 25. Introduction to Social Choice and Welfare 671
- Essay 26. Paretian Welfare Judgments and Bergsonian Social Choice 709
- Essay 27. Welfare Economics beyond Welfarist Consequentialism 731
- Essay 28. Informational Bases of Welfare Economics, Transcendental Institutionalism, and the Comparative Assessment Approach 755
- Index 771
Chapters in this book
- Frontmatter i
- Contents v
- Preface ix
- Original Sources xiii
- Introduction 1
-
Part I. Rational Choice as Rationalizable Choice
- Introduction to Part I 101
- Essay 1. Rational Choice and Revealed Preference 109
- Essay 2. Houthakker’s Axiom in the Theory of Rational Choice 127
- Essay 3. Suzumura-Consistent Rationalizability 135
- Essay 4. Revealed Preference and Choice under Uncertainty 157
-
Part II. Social choice and Welfare Economics
- Introduction to Part II 175
- Essay 5. Impossibility Theorems without Collective Rationality 181
- Essay 6. Remarks on the Theory of Collective Choice 203
- Essay 7. Arrovian Aggregation in Economic Environments: How Much Should We Know about Indifference Surfaces? 219
- Essay 8. A Characterization of Suzumura-Consistent Collective Choice Rules 251
-
Part III. Equity, Efficiency, and Intergenerational Justice
- Introduction to Part III 267
- Essay 9. On Pareto-Efficiency and the No-Envy Concept of Equity 273
- Essay 10. The Informational Basis of the Theory of Fair Allocation 289
- Essay 11. Ordering Infinite Utility Streams 329
- Essay 12. Multi-Profile Intergenerational Social Choice 345
-
Part IV. Individual Rights and Social Welfare
- Introduction to Part IV 369
- Essay 13. On the Consistency of Libertarian Claims 375
- Essay 14. Liberal Paradox and the Voluntary Exchange of Rights Exercising 403
- Essay 15. Individual Rights Revisited 423
- Essay 16. Welfare, Rights, and Social Choice Procedure: A Perspective 447
-
Part V. Consequentialism Versus Nonconsequentialism
- Introduction to Part V 471
- Essay 17. Consequences, Opportunities, and Procedures 477
- Essay 18. Characterizations of Consequentialism and Nonconsequentialism 505
- Essay 19. Consequences, Opportunities, and Generalized Consequentialism and Nonconsequentialism 521
- Essay 20. Welfarist-Consequentialism, Similarity of Attitudes, and Arrow’s General Impossibility Theorem 537
-
Part VI. Competition, Cooperation, and Economic Welfare
- Introduction to Part VI 559
- Essay 21. Entry Barriers and Economic Welfare 565
- Essay 22. Oligopolistic Competition and Economic Welfare: A General Equilibrium Analysis of Entry Regulation and Tax-Subsidy Schemes 585
- Essay 23. Symmetric Cournot Oligopoly and Economic Welfare: A Synthesis 611
- Essay 24. Cooperative and Noncooperative R&D in an Oligopoly with Spillovers 637
-
Part VII. Historically Speaking
- Introduction to Part VII 665
- Essay 25. Introduction to Social Choice and Welfare 671
- Essay 26. Paretian Welfare Judgments and Bergsonian Social Choice 709
- Essay 27. Welfare Economics beyond Welfarist Consequentialism 731
- Essay 28. Informational Bases of Welfare Economics, Transcendental Institutionalism, and the Comparative Assessment Approach 755
- Index 771