Trade-offs in the spatial model of resource allocation

• 成果类型: Article
• 署名作者: Campbell, DE; Kelly, JS
• 署名单位: Syracuse University
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/0047-2727(95)01520-5
• 发表日期: 1996
• 页码: 1-19
• 关键词: euclidean preference; public goods; social welfare function; Spatial model; trade-offs

摘要

We investigate Arrow's problem for the space of allocations of public goods and the domain of profiles of Euclidean individual preferences. We allow some efficiency to be sacrificed in order to avoid dictatorship, but if independence of irrelevant alternatives and transitivity of social preference remain in force, then there is no social welfare function that permits a significant departure from dictatorship without a substantial sacrifice of efficiency.