Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Jul, 1981, Volume 49, Issue 4

Utilitarianism, Egalitarianism, and the Timing Effect in Social Choice Problems

https://www.jstor.org/stable/1912508
p. 883-897

Roger B. Myerson

Two theorems are derived about social choice functions, which are defined on comprehensive convex subsets of utility allocation space. Theorem 1 asserts that a linearity condition, together with Pareto optimality, implies that a social choice function must be utilitarian. Theorem 2 asserts that a concavity condition, together with Pareto optimality and independence of irrelevant alternatives, implies that a social choice function must be either utilitarian or egalitarian. These linearity and concavity conditions have natural interpretations in terms of the timing of social welfare analysis (before or after the resolution of uncertainties) and its impact on social choices.


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