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Relaxing Pareto optimality in economic environments

Author

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  • Jerry S. Kelly

    (Department of Economics, Syracuse University, Syracuse, NY 13244-1090, USA)

  • Donald E. Campbell

    (Department of Economics and the Thomas Jefferson Program in Public Policy, The College of William and Mary, Williamsburg, VA 23187-8795, USA)

Abstract

The individual preference domain is the family of profiles of economic preferences on the set of allocations of public or private goods, or both. The agenda domain assumption allows for a finite lower bound on the size of a feasible set. If a social choice correspondence satisfies nonimposition, Arrow's choice axiom, and independence of infeasible alternatives then it is directly or inversely dictatorial, or null.

Suggested Citation

  • Jerry S. Kelly & Donald E. Campbell, 1997. "Relaxing Pareto optimality in economic environments," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(1), pages 115-130.
    • Handle: RePEc:spr:joecth:v:10:y:1997:i:1:p:115-130
    Note: Received: October 10, 1995; revised version: June 20, 1996
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    Cited by:

    1. Achille Basile & Surekha Rao & K. P. S. Bhaskara Rao, 2022. "Binary strategy-proof social choice functions with indifference," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(2), pages 807-826, April.

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