Some general results on the metric rationalization for social decision rules

Ehud Lerer, Shmuel Nitzan

Research output: Contribution to journalArticlepeer-review

23 Scopus citations

Abstract

The purpose of this paper is twofold. First, to provide a transparent characterization of the family of metrizable social decision rules. Second, to provide the necessary and sufficient conditions for a reasonable metric rationalization. Theorem 1 establishes that the class of metrizable social decision rules is uniquely characterized by a variant of the well-known Pareto condition. Theorem 2 establishes that positional rules can be characterized in terms of a special class of additively decomposable quasi-metric rationalizations. Theorem 3 characterizes strong positional rules in terms of reasonable metric rationalizations.

Original languageEnglish
Pages (from-to)191-201
Number of pages11
JournalJournal of Economic Theory
Volume37
Issue number1
DOIs
StatePublished - Oct 1985

Fingerprint

Dive into the research topics of 'Some general results on the metric rationalization for social decision rules'. Together they form a unique fingerprint.

Cite this