The Possibility of a Social Welfare Function

Comment

Rolla Edward Park

ResearchPosted on rand.org 1967Published in: American Economic Review, v. 57, no. 5, Communications, Dec. 1967, p. 1301-1304

Author comments on vote markets and decision making. No stable outcome normally exists with vote trading; the author points out flaws in James S. Coleman's social welfare function model.

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Document Details

  • Copyright: American Economic Association
  • Publisher: American Economic Association
  • Availability: Non-RAND
  • Year: 1967
  • Pages: 4
  • Document Number: EP-196712-01

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