Harsanyi’s aggregation theorem with incomplete preferences
Journal article: We provide a generalization of Harsanyi (1955)'s aggregation theorem to the case of incomplete preferences at the individual and social level. Individuals and society have possibly incomplete expected utility preferences that are represented by sets of expected utility functions. Under Pareto indifference, social preferences are represented through a set of aggregation rules that are utilitarian in a generalized sense. Strengthening Pareto indifference to Pareto preference provides a refinement of the representation.
Author(s)
Eric Danan, Thibault Gajdos, Jean-Marc Tallon
Journal
- American Economic Journal: Microeconomics
Date of publication
- 2015
Keywords JEL
Keywords
- Incomplete preferences
- Aggregation
- Expected multi-utility
- Utilitarianism
Pages
- 61-69
URL of the HAL notice
Version
- 1
Volume
- 7