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Objective Interpersonal Comparisons of Utility.

Abstract:
This paper examines the problem of distilling conflicting interpersonal comparisons into a single set of interpersonal comparisons. The mapping that achieves this has a richer co-domain than all social choice problems (and a richer domain than most social choice problems). The set of mappings satisfying a mild set of restrictions is very small. If interpersonal comparisons embody ratio-scale comparability then the mapping is Cobb-Douglas in form; if interpersonal comparisons embody no more than level and difference comparability then the mapping must be dictatorial and it is impossible to combine different interpersonal comparisons.

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Journal:
Social Choice and Welfare More from this journal
Volume:
14
Publication date:
1997-01-01
ISSN:
0176-1714


Language:
English
UUID:
uuid:36a8d30f-c93d-464b-ac22-3a21738b1c33
Local pid:
oai:economics.ouls.ox.ac.uk:11465
Deposit date:
2011-08-16

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