Social Choice Theory and the Informational Basis Approach.
For over a quarter of a century, the use of utility information based upon interpersonal comparisons has been seen as an escape route from the Arrow Impossibility Theorem. This paper critically examines this informational basis approach to social choice. Even with comparability of differences and le...
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
2005
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