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Intertemporal Social Evaluation

In: Intergenerational Equity and Sustainability

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  • Charles Blackorby
  • Walter Bossert
  • David Donaldson

Abstract

A social-evaluation functional assigns a social ranking of alternatives to each information profile in its domain. In the classical multi-profile model of social choice, profiles are restricted to welfare information: all non-welfare information is implicitly assumed to be fixed. Because of this, the conventional approach does not allow us to discern the way in which the functional makes use of non-welfare information. For that, multiple non-welfare profiles are needed. Blackorby, Bossert and Donaldson (2005a) analyze a framework in which non-welfare information may vary across information profiles. Each information profile includes a vector of individual utility functions which represent welfare information and a vector of functions which describe social and individual non-welfare information. See also Kelsey (1987) and Roberts (1980) for approaches to social choice where non-welfare information is explicitly modelled. A social-evaluation functional is welfarist if a single ordering of utility vectors, together with the utility information in a profile, is sufficient to rank all alternatives. The ordering of utility vectors is called a social-evaluation ordering. Welfarism is a consequence of three axioms: unlimited domain, Pareto indifference and binary independence of irrelevant alternatives. Unlimited domain requires that all logically possible profiles are in the domain of the functional.

Suggested Citation

  • Charles Blackorby & Walter Bossert & David Donaldson, 2007. "Intertemporal Social Evaluation," International Economic Association Series, in: John Roemer & Kotaro Suzumura (ed.), Intergenerational Equity and Sustainability, chapter 9, pages 131-154, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-0-230-23676-9_9
    DOI: 10.1057/9780230236769_9
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    References listed on IDEAS

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    1. Kevin W. S. Roberts, 1980. "Interpersonal Comparability and Social Choice Theory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(2), pages 421-439.
    2. Charles Blackorby & Walter Bossert & David Donaldson, 2005. "Multi-profile welfarism: A generalization," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 24(2), pages 253-267, April.
    3. Blackorby, Charles & Bossert, Walter & Donaldson, David, 1995. "Intertemporal Population Ethics: Critical-Level Utilitarian Principles," Econometrica, Econometric Society, vol. 63(6), pages 1303-1320, November.
    4. Broome, John, 2006. "Weighing Lives," OUP Catalogue, Oxford University Press, number 9780199297702.
    5. Claude D'Aspremont & Louis Gevers, 1977. "Equity and the Informational Basis of Collective Choice," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(2), pages 199-209.
    6. Blackorby, Charles & Bossert, Walter & Donaldson, David, 2000. "The Value of Limited Altruism," Journal of Economic Theory, Elsevier, vol. 95(1), pages 37-70, November.
    7. BLACKORBY, Charles & BOSSERT, Walter & DONALDSON, David, 2006. "Population Ethics," Cahiers de recherche 2006-15, Universite de Montreal, Departement de sciences economiques.
      • BLACKORBY, Charles & BOSSERT, Walter & DONALDSON, David, 2006. "Population Ethics," Cahiers de recherche 14-2006, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    8. Blackorby, Charles & Bossert, Walter & Donaldson, David, 1997. "Birth-Date Dependent Population Ethics: Critical-Level Principles," Journal of Economic Theory, Elsevier, vol. 77(2), pages 260-284, December.
    9. W. M. Gorman, 1968. "The Structure of Utility Functions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 35(4), pages 367-390.
    10. Marcus Fleming, 1952. "A Cardinal Concept of Welfare," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 66(3), pages 366-384.
    11. Kelsey, David, 1987. "The Role of Information in Social Welfare Judgements," Oxford Economic Papers, Oxford University Press, vol. 39(2), pages 301-317, June.
    12. Blackorby, Charles & Bossert, Walter & Donaldson, David, 2002. "Utilitarianism and the theory of justice," Handbook of Social Choice and Welfare, in: K. J. Arrow & A. K. Sen & K. Suzumura (ed.), Handbook of Social Choice and Welfare, edition 1, volume 1, chapter 11, pages 543-596, Elsevier.
    13. Eric Maskin, 1978. "A Theorem on Utilitarianism," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(1), pages 93-96.
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    Cited by:

    1. Mohamed Mabrouk, 2005. "Intergenerational anonymity as an alternative to the discounted- sum criterion in the calculus of optimal growth I: Consensual optimality," GE, Growth, Math methods 0510013, University Library of Munich, Germany.
    2. Mohamed Mabrouk, 2005. "Intergenerational anonymity as an alternative to the discounted- sum criterion in the calculus of optimal growth II: Pareto optimality and some economic interpretations," GE, Growth, Math methods 0511007, University Library of Munich, Germany.
    3. Mabrouk, Mohamed, 2006. "Allais-anonymity as an alternative to the discounted-sum criterion in the calculus of optimal growth I: Consensual optimality," MPRA Paper 10512, University Library of Munich, Germany.

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    More about this item

    Keywords

    Social Choice; Birth Date; Utility Level; Social Ranking; Irrelevant Alternative;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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