scholarly journals Arrovian Aggregation of Convex Preferences

Econometrica ◽  
2020 ◽  
Vol 88 (2) ◽  
pp. 799-844
Author(s):  
Florian Brandl ◽  
Felix Brandt
Keyword(s):  
Social Welfare ◽  
Complete Characterization ◽  
Choice Functions ◽  
Maximal Elements ◽  
The Social ◽  
Outcome Space ◽  
Convex Preferences ◽  
Finite Set ◽  
Arrovian Aggregation

We consider social welfare functions that satisfy Arrow's classic axioms of independence of irrelevant alternatives and Pareto optimality when the outcome space is the convex hull of some finite set of alternatives. Individual and collective preferences are assumed to be continuous and convex, which guarantees the existence of maximal elements and the consistency of choice functions that return these elements, even without insisting on transitivity. We provide characterizations of both the domains of preferences and the social welfare functions that allow for anonymous Arrovian aggregation. The domains admit arbitrary preferences over alternatives, which completely determine an agent's preferences over all mixed outcomes. On these domains, Arrow's impossibility turns into a complete characterization of a unique social welfare function, which can be readily applied in settings involving divisible resources such as probability, time, or money.

Decomposition of Accident Loss and Efficiency of Liability Rules

2015 ◽  
Vol 11 (3) ◽  
Author(s):  
Satish K. Jain ◽  
Rajendra P. Kundu
Keyword(s):  
Economic Efficiency ◽  
Complete Characterization ◽  
The Other ◽  
Liability Rule ◽  
Systematic Analysis ◽  
Liability Rules ◽  
The Social ◽  
Normative Criteria ◽  
The One

AbstractThe main purpose of this paper is to show that the set of efficient rules which apportion liability between the victim and the tortfeasor is much larger than is generally believed to be the case. A larger set of efficient rules in general would have the implication of a less sharp conflict between economic efficiency on the one hand and non-efficiency normative criteria on the other. The condition of negligence liability which characterizes efficiency in the context of liability rules has an all-or-none character. Negligence liability requires that if one party is negligent and the other is not then the liability for the entire accident loss must fall on the negligent party. Thus within the framework of standard liability rules efficiency requirements preclude any non-efficiency considerations in situations where one party is negligent and the other is not. In this paper it is shown that accident loss can be decomposed into two parts such that while the apportionment of one part between the parties has bearing on efficiency, the apportionment of the other part has no efficiency implications. The part of accident loss which plays no role in providing appropriate incentives to the parties for taking due care can therefore be apportioned on non-efficiency considerations without in any way compromising the social goal of efficiency. For a systematic analysis of the requirements for efficiency, in this paper a notion more general than that of a liability rule, namely that of a decomposed liability rule, is introduced. A complete characterization of efficient decomposed liability rules is provided in the paper. The most important implication of the theorems of this paper is that by decomposing accident loss into two parts, the scope for non-efficiency considerations can be significantly broadened without sacrificing economic efficiency.

One Response to the Surgeon General's Report: The Social Welfare of Latinos

PsycCRITIQUES ◽  
2007 ◽  
Vol 52 (36) ◽  
Author(s):  
Joan Koss-Chioino
Keyword(s):  
Social Welfare ◽  
The Social

Experimental Characterization of Mechanical Behavior of Cord-Rubber Composites

1982 ◽  
Vol 10 (1) ◽  
pp. 37-54 ◽  
Author(s):  
M. Kumar ◽  
C. W. Bert
Keyword(s):  
Response Characteristic ◽  
Cord Compression ◽  
Complete Characterization ◽  
Strain Response ◽  
Strain Gages ◽  
Experimental Characterization ◽  
Rubber Composites ◽  
Stress Strain ◽  
Strain Data

Abstract Unidirectional cord-rubber specimens in the form of tensile coupons and sandwich beams were used. Using specimens with the cords oriented at 0°, 45°, and 90° to the loading direction and appropriate data reduction, we were able to obtain complete characterization for the in-plane stress-strain response of single-ply, unidirectional cord-rubber composites. All strains were measured by means of liquid mercury strain gages, for which the nonlinear strain response characteristic was obtained by calibration. Stress-strain data were obtained for the cases of both cord tension and cord compression. Materials investigated were aramid-rubber, polyester-rubber, and steel-rubber.

CHARACTERIZATION OF RELIGIOUS STYLE AS A FUNCTIONAL STYLE IN LINGUISTICS

2020 ◽  
Vol 1 (3) ◽  
pp. 236-242
Author(s):  
Barnokhon Kushakova ◽  
Keyword(s):  
Social Life ◽  
Religious Language ◽  
Religious Texts ◽  
World Outlook ◽  
The People ◽  
The Social ◽  
Functional Features ◽  
The Creation

This article discusses the conditions, reasons and factors of characterization of religious style as a functional style in the field of linguistics. In addition, religious style and its main peculiarities, its importance in the social life, and the functional features of religious style are highlighted in the article. As a result of our investigation, the following results were obtained: a) the increase in the need for the creation and significance of religious language, particularly religious texts has been scientifically proved; b) the possibility of religious texts to represent the thoughts of the people, culture and world outlook has been verified; c) the specificity of religious language, religious texts has been revealed; d) the development of religious style as a functional style has been grounded.

Characterization of CMOS Structures (0.6 µm process) Submitted to HBM and COM ESD Stress Tests

1997 ◽  
Author(s):  
G. Meneghesso ◽  
E. Zanoni ◽  
P. Colombo ◽  
M. Brambilla ◽  
R. Annunziata ◽  
...  
Keyword(s):  
Electron Microscopy ◽  
Electrostatic Discharge ◽  
Stress Test ◽  
Complete Characterization ◽  
Stress Tests ◽  
Test Procedures ◽  
Emission Microscopy ◽  
Fast Rise ◽  
Scanning Electron

Abstract In this work, we present new results concerning electrostatic discharge (ESD) robustness of 0.6 μm CMOS structures. Devices have been tested according to both HBM and socketed CDM (sCDM) ESD test procedures. Test structures have been submitted to a complete characterization consisting in: 1) measurement of the tum-on time of the protection structures submitted to pulses with very fast rise times; 2) ESD stress test with the HBM and sCDM models; 3) failure analysis based on emission microscopy (EMMI) and Scanning Electron Microscopy (SEM).

An Analytical Exposition of the Social Welfare Role of Wealth in Islam

2015 ◽  
Author(s):  
Ahmad Bello Dogarawa ◽  
Suleiman Muhammad Hussain
Keyword(s):  
Social Welfare ◽  
The Social

A Study on the Social Welfare Activities in Buddhism since the Modern Age - Focused on the Social Welfare Corporation -

2019 ◽  
Vol 40 ◽  
pp. 597-623
Author(s):  
Seong-Hee Cho ◽  
Yung-Soon Jung
Keyword(s):  
Social Welfare ◽  
Modern Age ◽  
The Social
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