Harsanyi's Aggregation Theorem with Incomplete Preferences-Reference-Cited by-同舟云学术

Harsanyi's Aggregation Theorem with Incomplete Preferences

Published:2015-02-01 Issue:1 Volume:7 Page:61-69
ISSN:1945-7669
Container-title:American Economic Journal: Microeconomics
language:en
Short-container-title:American Economic Journal: Microeconomics

Author:

Danan Eric¹,Gajdos Thibault²,Tallon Jean-Marc³

Affiliation:

1. THEMA, Université Cergy-Pontoise, CNRS, 33 boulevard du Port, 95000 Cergy-Pontoise, France (e-mail: )

2. GREQAM, CNRS, Aix-Marseille University, EHESS (Aix Marseille School of Economics), 2 rue de la Charité, 13002 Marseille, France (e-mail: )

3. Paris School of Economics, Université Paris I Panthéon-Sorbonne, CNRS, 106 boulevard de l'Hôpital, 75647 Paris Cedex 13, France (e-mail: ).

Abstract

We provide a generalization of Harsanyi's (1955) 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. (JEL D01, D11, D71)

Publisher

American Economic Association

Subject

General Economics, Econometrics and Finance

Link

https://pubs.aeaweb.org/doi/pdf/10.1257/mic.20130117

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