IDEAS home Printed from https://ideas.repec.org/a/taf/jitecd/v15y2006i3p311-324.html
   My bibliography  Save this article

A sort of Paretian liberalism

Author

Listed:
  • S. Subramanian

Abstract

This paper reviews Amartya Sen's well-known result on 'the impossibility of a Paretian liberal'. In so doing, it takes stock of certain difficulties associated with conventional social choice theoretic formulations of the notion of individual liberty. An alternative formulation, in the spirit of an 'outcome-oriented' version of Nozick's approach to individual liberty as the freedom to fix certain personal features of the world, is advanced. An 'extended' version of a conventional social choice function, called a 'social selection function' (SSF), is introduced: the domain of the SSF is enlarged to include, apart from preference profiles, what are called 'personal choice profiles' and 'rights-waiving profiles'. Within this framework, it is noted that a version of Sen's original impossibility result can be recovered. It is also pointed out that there is an alternative, ethically plausible construction that can be placed on the notion of 'Paretian liberalism', and it is demonstrated that this is a coherent construction.

Suggested Citation

  • S. Subramanian, 2006. "A sort of Paretian liberalism," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 15(3), pages 311-324.
  • Handle: RePEc:taf:jitecd:v:15:y:2006:i:3:p:311-324
    DOI: 10.1080/09638190600871628
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/09638190600871628
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/09638190600871628?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:bla:econom:v:59:y:1992:i:234:p:161-77 is not listed on IDEAS
    2. repec:bla:econom:v:51:y:1984:i:204:p:413-22 is not listed on IDEAS
    3. Kelly, Jerry S., 1976. "Rights exercising and a Pareto-consistent libertarian claim," Journal of Economic Theory, Elsevier, vol. 13(1), pages 138-153, August.
    4. Amartya K. Sen, 1967. "Isolation, Assurance and the Social Rate of Discount," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 81(1), pages 112-124.
    5. Stephen A. Marglin, 1963. "The Social Rate of Discount and The Optimal Rate of Investment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 77(1), pages 95-111.
    6. Sugden, Robert, 1985. "Liberty, Preference, and Choice," Economics and Philosophy, Cambridge University Press, vol. 1(2), pages 213-229, October.
    7. Subramanian, S, 1995. "Preference Motivations and Libertarian Dilemmas," The Manchester School of Economic & Social Studies, University of Manchester, vol. 63(2), pages 167-174, June.
    8. Gibbard, Allan, 1974. "A Pareto-consistent libertarian claim," Journal of Economic Theory, Elsevier, vol. 7(4), pages 388-410, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kretz, Claudio, 2021. "Consistent rights on property spaces," Journal of Economic Theory, Elsevier, vol. 197(C).
    2. Massimiliano Vatiero, 2023. "Extending Amartya Sen’s Paretian Liberal Paradox to a Firm’s Hierarchy," DEM Working Papers 2023/3, Department of Economics and Management.
    3. Heinzel, Christoph & Winkler, Ralph, 2006. "Gradual versus structural technological change in the transition to a low-emission energy industry: How time-to-build and differing social and individual discount rates influence environmental and tec," Dresden Discussion Paper Series in Economics 09/06, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    4. Ben McQuillin & Robert Sugden, 2011. "The representation of alienable and inalienable rights: games in transition function form," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 37(4), pages 683-706, October.
    5. Jean Tirole, 1981. "Taux d'actualisation et optimum second," Revue Économique, Programme National Persée, vol. 32(5), pages 829-869.
    6. Walter Bossert & Marc Fleurbaey, 2015. "An Interview with Kotaro Suzumura," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 44(1), pages 179-208, January.
    7. Hans-Werner Sinn, 2000. "Why a Funded Pension System is Useful and Why It is Not Useful," NBER Working Papers 7592, National Bureau of Economic Research, Inc.
    8. Karbowski, Adam, 2016. "Discussion on the Social Rate of Discount: from Sen to Behavioural Economics," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 9(2), pages 46-60.
    9. Wulf Gaertner, 1986. "Pareto, interdependent rights exercising and strategic behaviour," Journal of Economics, Springer, vol. 46(1), pages 79-98, December.
    10. Hertzler, Greg & Barton, John, 1992. "Dynamic Model of Dryland Salinity Abatement," Discussion Papers 232285, University of Western Australia, School of Agricultural and Resource Economics.
    11. Herrade Igersheim, 2006. "Libéralisme de la liberté versus libéralisme du bonheur. Le cas du paradoxe libéral-parétien," Revue économique, Presses de Sciences-Po, vol. 57(3), pages 389-398.
    12. Berrens, Robert P. & Polasky, Stephen, 1995. "The Paretian Liberal Paradox and ecological economics," Ecological Economics, Elsevier, vol. 14(1), pages 45-56, July.
    13. Kotaro Suzumura, 2002. "Introduction to social choice and welfare," Temi di discussione (Economic working papers) 442, Bank of Italy, Economic Research and International Relations Area.
    14. Peleg, Bezalel & Peters, Hans & Storcken, Ton, 2002. "Nash consistent representation of constitutions: a reaction to the Gibbard paradox," Mathematical Social Sciences, Elsevier, vol. 43(2), pages 267-287, March.
    15. Nijkamp, P., 1989. "Long-term tradeoffs for sustainability policies in the area of environmental toxicology : an economic analysis of a nimby syndrome," Serie Research Memoranda 0049, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    16. Baum, Seth D., 2009. "Description, prescription and the choice of discount rates," Ecological Economics, Elsevier, vol. 69(1), pages 197-205, November.
    17. Nesje, Frikk, 2020. "Cross-dynastic Intergenerational Altruism," Working Papers 0678, University of Heidelberg, Department of Economics.
    18. Herrade Igersheim, 2013. "Invoking a Cartesian product structure on social states," Theory and Decision, Springer, vol. 74(4), pages 463-477, April.
    19. Martin van Hees, 2000. "Negative Freedom And The Liberal Paradoxes," Rationality and Society, , vol. 12(3), pages 335-352, August.
    20. Roy Gardner, 1980. "The strategic inconsistency of Paretian liberalism," Public Choice, Springer, vol. 35(2), pages 241-252, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jitecd:v:15:y:2006:i:3:p:311-324. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RJTE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.