Sparks from Arrow’s Anvil View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

1987

AUTHORS

Paul A. Samuelson

ABSTRACT

In the first of his 1985 Tanner Lectures at Harvard, Kenneth Arrow suggested that the doctrine of extended sympathy might, so to speak, come to the rescue of economists and philosophers left bereft by the Impossibility Theorem (according to which no social-choice function exists that satisfies a set of reasonable axioms of consistency, transitivity, independence or irrelevant alternatives, and …). Specifically, he made reference to the pre-Rawls suggestions of William Vickrey (1945) and of John C. Harsanyi (1955) as providing related derivations of additive interpersonal utilities by reliance on certain elements of extended sympathy. More... »

PAGES

154-178

Book

TITLE

Arrow and the Foundations of the Theory of Economic Policy

ISBN

978-1-349-07359-7
978-1-349-07357-3

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-1-349-07357-3_4

DOI

http://dx.doi.org/10.1007/978-1-349-07357-3_4

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1023287231


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