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- W1569494680 abstract "We study the problem of deriving a complete welfare ordering from a choice function. Under the sequential solution, the best alternative is the alternative chosen from the universal set; the second best is the one chosen when the best alternative is removed; and so on. We show that this is the only completion of Bernheim and Rangel's (2009) welfare relation that satisfies two natural axioms: neutrality, which ensures that the names of the alternatives are welfare-irrelevant; and persistence, which stipulates that every choice function between two welfare-identical choice functions must exhibit the same welfare ordering." @default.
- W1569494680 created "2016-06-24" @default.
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- W1569494680 date "2015-01-01" @default.
- W1569494680 modified "2023-10-04" @default.
- W1569494680 title "Welfare criteria from choice: the sequential solution" @default.
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