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Rational Choice and Social Welfare

Theory and Applications

  • Book
  • © 2008

Overview

Editors:
  1. Prasanta K. Pattanaik

    1. Department of Economics, University of California, Riverside, USA

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  2. Koichi Tadenuma

    1. Department of Economics, Hitotsubashi University, Tokyo, Japan

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  3. Yongsheng Xu

    1. Department of Economics Andrew Young School of Policy Studies, Georgia State University, Atlanta, USA

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  4. Naoki Yoshihara

    1. Institute of Economic Research, Hitotsubashi University, Tokyo, Japan

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  • Presents frontier research on theories of rational choice and social welfare
  • With applications to resource allocations; population ethics; demand for money; individual rights; measuring vulnerability, diversity, and changes in individual welfare

Part of the book series: Studies in Choice and Welfare (WELFARE)

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Table of contents (15 chapters)

  1. Front Matter

    Pages i-7
    Download chapter PDF

  2. Arrovian Social Choice Theory and its Developments

    1. Limited Rights as Partial Veto and Sen’s Impossibility Theorem

      • Maurice Salles
      Pages 11-23

    2. Harmless Homotopic Dictators

      • Nicholas Baigent
      Pages 25-33

    3. Remarks on Population Ethics

      • Tomoichi Shinotsuka
      Pages 35-41

    4. On Non-Welfarist Social Ordering Functions

      • Naoki Yoshihara
      Pages 43-67

  4. Rational Choice, Individual Welfare, and Games

    1. Suzumura Consistency

      • Walter Bossert
      Pages 159-179

    2. On the Microtheoretic Foundations of Cagan’s Demand for Money Function

      • Rajat Deb, Kaushal Kishore, Tae Kun Seo
      Pages 181-193

    3. Hicksian Surplus Measures of Individual Welfare Change When There is Price and Income Uncertainty

      • Charles Blackorby, David Donaldson, John A. Weymark
      Pages 195-213

    4. Beyond Normal Form Invariance: First Mover Advantage in Two-Stage Games with or without Predictable Cheap Talk

      • Peter J. Hammond
      Pages 215-233

  5. Social Welfare and the Measurement of Unemployment and Diversity

    1. Unemployment and Vulnerability: A Class of Distribution Sensitive Measures, its Axiomatic Properties, and Applications

      • Kaushik Basu, Patrick Nolen
      Pages 237-258

    2. Ordinal Distance, Dominance, and the Measurement of Diversity

      • Prasanta K. Pattanaik, Yongsheng Xu
      Pages 259-269

    3. Erratum

      • Springer
      Pages vii-xv
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Keywords

About this book

This volume brings together papers, which were ?rst presented at the International Conference on Rational Choice, Individual Rights and Non-Welfaristic Normative Economics, held in honour of Kotaro Suzumura at Hitotsubashi University, Tokyo, on 11–13 March 2006, and which have subsequently gone through the usual process of review by referees. We have been helped by many individuals and institutions in organizing the conference and putting this volume together. We are grateful to the authors of this volume for contributing their papers and to the referees who reviewed the papers. We gratefully acknowledge the very generous fundings by the Ministry of Education, Culture, Sports, Science and Technology, Japan, through the grant for the 21st Century Center of Excellence (COE) Program on the Normative Evaluation and Social Choice of Contemporary Economic Systems, and by the Japan Society for the Promotion of Science, through the grant for International Scienti?c Meetings in Japan, and the unstinted effort of the staff of the COE Program at Hitotsubashi University, without which the conference in 2006 would not have been possible. We thank Dr. Martina Bihn, the Editorial Director of Springer-Verlag for economics and business, for her advice and help. Finally, we would like to mention that it has been a great pleasure and privilege for us to edit this volume, which is intended to be a tribute to Kotaro Suzumura’s - mense intellectual contributions, especially in the theory of rational choice, welfare economics, and the theory of social choice. Riverside Prasanta K.

Editors and Affiliations

  • Department of Economics, University of California, Riverside, USA

    Prasanta K. Pattanaik

  • Department of Economics, Hitotsubashi University, Tokyo, Japan

    Koichi Tadenuma

  • Department of Economics Andrew Young School of Policy Studies, Georgia State University, Atlanta, USA

    Yongsheng Xu

  • Institute of Economic Research, Hitotsubashi University, Tokyo, Japan

    Naoki Yoshihara

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