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Titlebook: Arrow and the Foundations of the Theory of Economic Policy; George R. Feiwel (Alumni Distinguished Service Pro Book 1987 George R. Feiwel

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楼主: incontestable
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https://doi.org/10.1007/978-0-387-38179-4Talk of economic agents’ ‘utility’ was reinterpreted as talk of preference orderings. Arrow followed Pareto and Bergson in bringing this change to welfare economics, beginning with his famous Impossibility Theorem. Very little of utilitarianism, the theorem showed, could survive a searching ordinalistic critique.
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Ordinal UtilitarianismTalk of economic agents’ ‘utility’ was reinterpreted as talk of preference orderings. Arrow followed Pareto and Bergson in bringing this change to welfare economics, beginning with his famous Impossibility Theorem. Very little of utilitarianism, the theorem showed, could survive a searching ordinalistic critique.
发表于 2025-3-29 02:30:19 | 显示全部楼层
https://doi.org/10.1007/978-1-4899-6523-3sion was not only tempered by good advice from friendly critics, but it is also modified by the images of Arrow that can be found throughout both volumes and particularly by those so vividly sketched in the chapters in Part V of this volume.
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https://doi.org/10.1007/978-0-387-38179-4ut $4,000 worth per annum of coagulant therapy to arrive at a state of security from bleeding at all comparable to that of the normal person’, an example he contrasts with the ‘facetious’ one of a person who is ‘desperate without pre-phylloxera clarets and plovers’ eggs’ (1973, p. 254).
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Income Distribution and Differences in Needsut $4,000 worth per annum of coagulant therapy to arrive at a state of security from bleeding at all comparable to that of the normal person’, an example he contrasts with the ‘facetious’ one of a person who is ‘desperate without pre-phylloxera clarets and plovers’ eggs’ (1973, p. 254).
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https://doi.org/10.1007/978-0-387-38179-4 voluminous literature on the preference aggregation problems has extensively utilized the uniform and abstract framework of the axiomatic social choice theory (basically due to Arrow’s (1951) seminal work) for analysing these essentially different problems.
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