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Commitment and anticipated utilitarianism

Abstract : Much empirical evidence demonstrates that individual preferences may not be consistent. This leads to an important question: how should societal preferences be formulated when individuals behave inconsistently? This paper, restricted to a class of preferences, addresses this question by (1) proposing a new method to rationalize individual preferences; (2) introducing a new version of Pareto principle with respect to the rationalized preferences; and (3) characterizing the societal preferences which respect this principle.
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Submitted on : Tuesday, January 17, 2017 - 12:16:54 PM
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Xiangyu Qu. Commitment and anticipated utilitarianism. Social Choice and Welfare, Springer Verlag, 2016, 47 (2), pp.349 - 358. ⟨10.1007/s00355-016-0965-0⟩. ⟨hal-01437535⟩



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