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Fuzzy sets from the ethics of social preferences

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  • Alcantud, José Carlos R.

Abstract

We show that the problem of evaluating infinite sequences (or streams) of utilities by a unique utility (or social welfare function) can be stated in terms of fuzzy subsets of the set of infinite utility sequences. For each stream, its evaluation can be viewed as its degree of membership to the subset of ‘ethically acceptable’ streams within the set of possible sequences. Since the property ‘being ethically acceptable’ is not well defined and cannot be exactly measured, the fuzzy approach seems especially adequate.

Suggested Citation

  • Alcantud, José Carlos R., 2013. "Fuzzy sets from the ethics of social preferences," MPRA Paper 53549, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:53549
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    References listed on IDEAS

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    More about this item

    Keywords

    Fuzzy subset; Social welfare function; Ethical.;
    All these keywords.

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • D9 - Microeconomics - - Micro-Based Behavioral Economics
    • Y80 - Miscellaneous Categories - - Related Disciplines - - - Related Disciplines

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