On collective utility functions admitting linear representations

Given n experts, a set X of alternative projects, and various classes of individual utility functions u 1 , … , u n on X, we characterize collective utility functions (CUFs) of the form F ( u 1 , … , u n ) = ∑ 1 n α i u i where α i are positive numbers.

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Veröffentlicht in:Journal of mathematical economics 2010-05, Vol.46 (3), p.364-371
1. Verfasser: Levin, Vladimir L.
Format: Artikel
Sprache:eng
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Zusammenfassung:Given n experts, a set X of alternative projects, and various classes of individual utility functions u 1 , … , u n on X, we characterize collective utility functions (CUFs) of the form F ( u 1 , … , u n ) = ∑ 1 n α i u i where α i are positive numbers.
ISSN:0304-4068
1873-1538
DOI:10.1016/j.jmateco.2010.01.002