Bibliographic Information: Goodman, J., & Lederman, H. (2024). Maximal Social Welfare Relations on Infinite Populations Satisfying Permutation Invariance. arXiv preprint arXiv:2408.05851v2.
Research Objective: This paper examines the possibility of creating a social welfare relation (SWR) - a ranking of social outcomes - for infinite populations that satisfies the competing demands of impartiality and sensitivity to individual well-being.
Methodology: The authors employ formal axiomatic methods, exploring the logical relationships between different axioms of social choice theory. They focus on the implications of these axioms for the possibility of constructing a largest possible SWR, one that makes all comparisons allowed by the axioms.
Key Findings:
Main Conclusions: The Sum Preorder is the most complete ranking of social outcomes for infinite populations that is both sensitive to individual well-being and impartial, at least when individual well-being can take only finitely many values. This result provides support for the use of the Sum Preorder in evaluating social outcomes in this setting.
Significance: This paper contributes to the field of social choice theory by providing a novel characterization of the Sum Preorder as the largest SWR satisfying certain desirable axioms. This result has implications for our understanding of the trade-offs between different social goals in the context of infinite populations.
Limitations and Future Research: The main result of the paper is restricted to the case where individual well-being can take only finitely many values. Further research is needed to determine whether a similar result holds for the more general case of infinitely many well-being levels.
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by Jeremy Goodm... alle arxiv.org 11-08-2024
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