2011 Fiscal Year Final Research Report
Studies on the consumer surpluses as social welfare indices
| Project/Area Number |
21530162
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic theory
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| Research Institution | Tohoku University |
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Principal Investigator |
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| Project Period (FY) |
2009 – 2011
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| Keywords | ミクロ経済学 / 厚生経済学 |
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| Research Abstract |
In the neoclassical environment, a social alternative is specified by a pair of a price vector and a money (wealth)distribution on the consumers, and then a social ordering function is defined to be a function assigning a social ordering on the set of social alternatives to each possible profile of the environment. A class of social ordering functions of which social orderings depend only on the values of individual consumer surpluses are characterized by the four axioms : Pareto, symmetry, independence and continuity axioms.
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