Abstract
This chapter serves as an occasion to introduce the reader to some elements of Social Choice Theory as these relate to the role of distributional concerns in Welfare Economics. Specific attention is paid to an elucidation of ‘compensation criteria’ in Welfare Economics and social choice; to the ‘informational’ significance of Arrow’s General Possibility Theorem; and to a theorem of Sen’s on the restricted ability of Paretian Welfare Economics to pronounce on distributional conflicts.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2019 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
About this chapter
Cite this chapter
Subramanian, S. (2019). Distribution, Welfare, and Some Elements of Social Choice Theory. In: Inequality and Poverty. SpringerBriefs in Economics. Springer, Singapore. https://doi.org/10.1007/978-981-13-8185-0_7
Download citation
DOI: https://doi.org/10.1007/978-981-13-8185-0_7
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-13-8184-3
Online ISBN: 978-981-13-8185-0
eBook Packages: Economics and FinanceEconomics and Finance (R0)