General classification of social choice situations

  • An exhaustive and disjoint decomposition of social choice situations is derived in a general set theoretical framework using the new tools of the Lifted Pareto relation on the power set of social states representing a pre-choice comparison of choice option sets. The main result is the classification of social choice situations which include three types of social choice problems. First, we usually observe the common incompleteness of the Pareto relation. Second, a kind of non-compactness problem of a choice set of social states can be generated. Finally, both can be combined. The first problem root can be regarded as natural everyday dilemma of social choice theory whereas the second may probably be much more due to modeling technique implications. The distinction is enabled at a very general set theoretical level. Hence, the derived classification of social choice situations is applicable on almost every relevant economic model.

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Author:Ralf E. Becker
Series (Serial Number):Finanzwissenschaftliche Diskussionsbeiträge (Bd. 46)
Document Type:Book
Date of Publication (online):2006/09/20
Year of Completion:2004
Publishing Institution:Universität Potsdam
Release Date:2006/09/20
Source:Finanzwissenschaftliche Diskussionsbeiträge / Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät, Lehrstuhl für Finanzwissenschaft ; 46
RVK - Regensburg Classification:QL 000
RVK - Regensburg Classification:QL 200
Organizational units:Wirtschafts- und Sozialwissenschaftliche Fakultät / Wirtschaftswissenschaften
Extern / Extern
Dewey Decimal Classification:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft