Multidimensional welfare aggregation
Most accounts of welfare aggregation in the tradition of Arrow's (1951/1963) and Sen's (1970/1979) social-choice-theoretic frameworks represent the welfare of an individual in terms of a single welfare ordering or a single scalar-valued welfare function. I develop a multidimensional generalization of Arrow's and Sen's frameworks, representing individual welfare in terms of multiple personal welfare functions, corresponding to multiple 'dimensions' of welfare. I show that, as in the one-dimensional case, the existence of attractive aggregation procedures depends on certain informational assumptions, specifically about the measurability of welfare and its comparability not only across individuals but also across dimensions. I state several impossibility and possibility results. Under Arrow-type conditions, insufficient comparability across individuals leads to dictatorship of a single individual, while insufficient comparability across dimensions leads to dominance of a single dimension. Given sufficient comparability both across individuals and across dimensions, a range of possibilities emerges. I discuss the substantive implications of the results.
| Item Type | Article |
|---|---|
| Departments |
Government Philosophy, Logic and Scientific Method CPNSS |
| DOI | 10.1023/B:PUCH.0000024168.00362.af |
| Date Deposited | 31 Mar 2006 |
| URI | https://researchonline.lse.ac.uk/id/eprint/699 |