Abstract
A formal proof is offered of the fact that Individualism and Ordinalism imply the controversial condition A3 used by Kemp and Ng (1976) to show the non-existence of an individualistic social welfare function based only on ordinal preferences but objected to by Samuelson (1977) as unreasonable. Mayston's argument against our definition of ordinality is refuted; his notion of 'true ordinality' involves elements of cardinality and/or goes against individualism.
Original language | English |
---|---|
Pages (from-to) | 33-37 |
Number of pages | 5 |
Journal | Mathematical Social Sciences |
Volume | 3 |
Issue number | 1 |
DOIs | |
Publication status | Published - Jul 1982 |
Keywords
- individualism
- ordinalism
- Social welfare function