INDIVIDUAL RIGHTS AND SOCIAL EVALUATION - A CONCEPTUAL-FRAMEWORK

Citation
Pk. Pattanaik et K. Suzumura, INDIVIDUAL RIGHTS AND SOCIAL EVALUATION - A CONCEPTUAL-FRAMEWORK, Oxford Economic Papers, 48(2), 1996, pp. 194-212
Citations number
37
Categorie Soggetti
Economics
Journal title
ISSN journal
00307653
Volume
48
Issue
2
Year of publication
1996
Pages
194 - 212
Database
ISI
SICI code
0030-7653(1996)48:2<194:IRASE->2.0.ZU;2-0
Abstract
We propose a framework for the analysis of social choice and welfare w hich uses the informational basis of individual preference orderings o ver the pairs of conventionally defined social alternatives and social decision-making mechanisms. In particular, we consider the case where the decisionmaking mechanism is a rights-structure modelled as game f orms. We use this framework to clarify the role for individual prefere nces in conferring rights, in the realization of the conferred rights, and in describing the formal contents of rights. We also explore its implications for the controversial issue of the consistency of social choice and Sen's paradox of Paretian libertarianism.