Abstract
Weak independence (WI) prevents x from socially ranking above y at profile p if y ranks above x at profile p′ and each individual ordering of {x,y} is the same at p as at p′. If f is transitive-valued and satisfies WI and Pareto then someone has veto power.
Original language | English (US) |
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Pages (from-to) | 183-189 |
Number of pages | 7 |
Journal | Economics Letters |
Volume | 66 |
Issue number | 2 |
DOIs | |
State | Published - Feb 2000 |
Keywords
- D71
- D74
- Pareto
- Transitivity
- Veto
- Weak IIA
ASJC Scopus subject areas
- Finance
- Economics and Econometrics