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Existence of a largest social welfare relation on real-valued infinite populations under Strong Pareto, Permutation Invariance, and Quasi-Independence

Determine whether, when the set of worlds is W = R^X (real-valued utility assignments over a countably infinite population), there exists a largest social welfare relation—i.e., a reflexive, transitive preorder that weakly extends every other preorder in the class—that satisfies Strong Pareto, Permutation Invariance, and Quasi-Independence.

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Background

The paper studies social welfare relations (SWRs) on infinite populations under two impartiality-efficiency axioms—Strong Pareto and Permutation Invariance—and introduces a further axiom, Quasi-Independence. It shows that completeness is incompatible with these axioms in some settings, motivating a focus on incomplete SWRs and on largest relations that maximize decisiveness subject to the axioms.

The main results establish that, for finite-valued worlds (W = W_F), the Sum Preorder (SP) is the largest relation satisfying Strong Pareto, Permutation Invariance, and Quasi-Independence. However, the authors also show that SP is not maximal on the broader domain W = RX, leaving unresolved whether any largest relation exists under the same axioms for real-valued worlds.

References

First, most obviously, we have not resolved the question of whether, if W=\mathbb RX there exists a largest preorder which satisfies our axioms. We have provided some partial results on this question, and shown that the Sum Preorder is not largest or even maximal on this set.

Maximal Social Welfare Relations on Infinite Populations Satisfying Permutation Invariance (2408.05851 - Goodman et al., 11 Aug 2024) in Conclusion