Near Weighted Utilitarian Characterizations of Pareto Optima
成果类型:
Article
署名作者:
Che, Yeon-Koo; Kim, Jinwoo; Kojima, Fuhito; Ryan, Christopher Thomas
署名单位:
Columbia University; Seoul National University (SNU); Seoul National University (SNU); University of Tokyo; University of Tokyo; University of British Columbia
刊物名称:
ECONOMETRICA
ISSN/ISSBN:
0012-9682
DOI:
10.3982/ECTA18930
发表日期:
2024
页码:
141-165
关键词:
摘要:
We give two characterizations of Pareto optimality via near weighted utilitarian welfare maximization. One characterization sequentially maximizes utilitarian welfare functions using a finite sequence of nonnegative and eventually positive welfare weights. The other maximizes a utilitarian welfare function with a certain class of positive hyperreal weights. The social welfare ordering represented by these near weighted utilitarian welfare criteria is characterized by the standard axioms for weighted utilitarianism under a suitable weakening of the continuity axiom.
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