Welfare, Freedom and Social Choice: A Reply
TLDR
The authors have published a collection of essays on social choice theory and welfare economics with the purpose of answering a "reply" to the essays included in this special number of essays. But it is not easy to respond adequately to such a rich collection of challenging ideas and contributions, nor to hide the fact that I am delighted and feel tremendously honoured.Abstract:
The editors of this journal have kindly offered me the opportunity to write a “reply” to the essays included in this special number. It is not easy to respond adequately to such a rich collection of challenging ideas and contributions, nor to hide the fact that I am delighted — and feel tremendously honoured — by the occasion and by this wonderful set of essays. The papers cover a wide variety of fields : social choice theory and welfare economics (Blackorby, Donaldson and Weymark; Moulin); bargaining theory and social choice (Roemer); social justice and equality (Cohen; Van Parijs); evaluation of freedom (Pattanaik and Xu); rights and consequentialism (Steiner); evaluation of poverty (Bourguignon and Fields); standards of living (Schokkaert and Van Ootegem). I shall follow the authors from territory to territory, like a solitary “groupie”. But I shall also crane my neck in trying to view one territory from another, to explore some interconnections.read more
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Why Existence Value should be used in Cost‐Benefit Analysis
TL;DR: The authors argue that existence values are too poorly defined at present to be readily incorporated into cost-benefit studies and are difficult to measure, thus, they cannot be reliably measured and if we did have the tools, the task would be unmanageable.
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Seek the meek, seek the just
Amit M. Schejter,Noam Tirosh +1 more
TL;DR: In this paper, the impact of social media on policy is addressed by addressing the impact on policy of four characteristics that make contemporary media stand out from the mass media that preceded them - abundance (of content), mobility, interactivity, and multi-mediality.
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Retrofit Poverty: Socioeconomic Spatial Disparities in Retrofit Subsidies Uptake
TL;DR: In this paper, the authors explored the socioeconomic and spatial distribution of the outputs of a market-based, white certificate program for residential energy-efficiency improvements in the state of Victoria, Australia, between 2009 and 2017.
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Freedom of choice and expected compromise
TL;DR: It is proposed that a set offers more freedom of choice than another if, and only if, the expected degree of dissimilarity between a random alternative from the set of possible alternatives and the most similar offered alternative in the set is smaller.
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Housing inequalities and resilience: the lived experience of COVID-19
TL;DR: The COVID-19 policy responses have intensified the use of housing as a spatial and material defence against community spread of infection as mentioned in this paper, and focussed attention upon pre-existing in...
References
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Book
Social Choice and Individual Values
TL;DR: Saari as mentioned in this paper introduced Arrow's Theorem and founded the field of social choice theory in economics and political science, and introduced a new foreword by Nobel laureate Eric Maskin, introducing Arrow's seminal book to a new generation of students and researchers.
Book
The Strategy of Conflict
TL;DR: In this paper, the authors propose a theory of interdependent decision based on the Retarded Science of International Strategy (RSIS) for non-cooperative games and a solution concept for "noncooperative" games.
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The Bargaining Problem
TL;DR: In this paper, a new treatment is presented of a classical economic problem, one which occurs in many forms, as bargaining, bilateral monopoly, etc It may also be regarded as a nonzero-sum two-person game in which a few general assumptions are made concerning the behavior of a single individual and of a group of two individuals in certain economic environments.
Book
Anarchy, State, and Utopia
TL;DR: In Anarchy, State, and Utopia as discussed by the authors, Nozick argues that the state is justified only when it is severely limited to the narrow function of protection against force, theft and fraud and to the enforcement of contracts.
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