Title of article
An impossibility theorem with von Neumann-Morgenstern preferences
Author/Authors
Amrita Dhillon، نويسنده , , Jean François Mertens، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1997
Pages
5
From page
305
To page
309
Abstract
We prove an impossibility theorem in the context of VNM preferences when Pareto and an analogue of Maskinʹs Monotonicity are used. We show the crucial weakening required to avoid this.
Keywords
Social welfare function , Utilitarianism , Arrowיs Impossibility Theorem , expected utility , Axiomatisation
Journal title
Economics Letters
Serial Year
1997
Journal title
Economics Letters
Record number
434405
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