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A Remark on Admissible Transformations for Interpersonally Comparable Utilities
Oleh:
Bossert, Walter
;
Stehling, Frank
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
INTERNATIONAL ECONOMIC REVIEW vol. 33 no. 3 (1992)
,
page 739-744.
Topik:
UTILITIES
;
transformations
;
personally comparable utilities
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
II49.2
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
In this paper, we provide a characterization of the set of admissible transformations of utility profiles, if it is assumed that the individual utilities are ordinally measurable and interpersonally comparable. Whereas earlier contributions (implicitly) assume that all individual utility functions have the same image, our result applies to arbitrary utility profiles. Furthermore, we discuss an example that demonstrates the sensitivity of some results in this area with respect to the assumptions that are made concerning the images of the individual utility functions.
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