Social evaluation functionals with an arbitrary set of alternatives

Theory and Decision 95 (2):255-271 (2023)
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Abstract

This paper explores the concept of a social evaluation functional in the case of an arbitrary set of alternatives. In the first part, a characterization of projective social evaluations functionals is shown whenever the common restricted domain is the set of all bounded utility functions equipped with the supremum norm topology. The result makes a crucial use, among others, of a continuity axiom. In the second part, a comparison meaningful property is introduced for a social evaluation functional which allows us for obtaining a more general result with no continuity requirements. Finally, an impossibility theorem, which is reminiscent of that is obtained by Chichilnisky in (Q J Econ 97:337–352, 1982) but without using topological conditions, is offered.

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Games and Decisions: Introduction and Critical Survey.R. Duncan Luce & Howard Raiffa - 1958 - Philosophy and Phenomenological Research 19 (1):122-123.

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