Social welfare orderings for ratio-scale measurable utilities

@inproceedings{Kaiyuen1997SocialWO,
  title={Social welfare orderings for ratio-scale measurable utilities},
  author={Tsui Kai-yuen},
  year={1997}
}
This article characterizes all of the continuous social welfare orderings which satisfy the Weak (resp. Strong) Pareto principle when utilities are ratio-scale measurable. With Weak Pareto, on both the nonnegative and positive orthants the social welfare ordering must be representable by a weakly increasing Cobb-Douglas social welfare function while on the whole Euclidean space the social welfare ordering must be strongly dictatorial. With Strong Pareto, on the positive orthant the social… CONTINUE READING

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