JSTOR Daily

An Aristotelian Social Welfare Function

This article proposes a new social welfare measure based on Aristotle's theory of reciprocity. Unlike existing metrics of social welfare, the proposed Aristotelian social welfare function measures ...
Investopedia

Welfare Economics Explained: Theory, Assumptions, and Criticism

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...
JSTOR Daily

A Note on the General Possibility Theorem of the Social Welfare Function

K. J. Arrow's general possibility theorem is justly criticized and revised by J. H. Blau. But Blau's revised theorem is based on by far stronger assumptions than Arrow's, and, therefore, seems to lose ...
Kellogg School of Management

Strategy-Proofness and Arrow's Conditions: Existence and Correspondence Theorems for Voting Procedures and Social Welfare Functions

Citations: Satterthwaite, Mark. 1975. Strategy-Proofness and Arrow's Conditions: Existence and Correspondence Theorems for Voting Procedures and Social Welfare Functions. Journal of Economic Theory.