Abstract
This note shows that results similar to Arrow's Impossibility Theorem can be proved by replacing the weak Pareto principle by a weaker condition called Pareto Neutrality and used by Xu (1990) to state another version of Sen's liberal paradox. Our result strengthens Xu's arguments for taking into account non-welfarist information into the social-choice-theoretic framework.
Original language | English |
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Journal | Economics Bulletin |
Volume | 4 |
Issue number | 1 |
Publication status | Published - 1 Dec 2005 |