TITLE

The strategic inconsistency of Paretian liberalism

AUTHOR(S)
Gardner, Roy
PUB. DATE
March 1980
SOURCE
Public Choice;1980, Vol. 35 Issue 2, p241
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
In this paper, the problem of the Paretian liberal is cast as a preference revelation game whose outcome function satisfies Gibbard's libertarian condition and strong Pareto optimality. Strategic consistency requires that the equilibrium of the game agree with the sincere outcome. It is shown that, whether viewed in a cooperative or non-cooperative context, the liberal social choice function is strategically inconsistent. This result suggests that, from a strategic standpoint, a different resolution of the liberal paradox is desirable.
ACCESSION #
17151633

 

Related Articles

  • On the Impossibility of a Generalization of the Libertarian Resolution of the Liberal Paradox. Seidl, Christian // Journal of Economics;1990, Vol. 51 Issue 1, p71 

    This article presents information on the impossibility of a generalization of the libertarian resolution of the Liberal Paradox. Only recently researchers have presented a resolution of the Paretian Liberal Paradox which is wholly consistent with libertarian principles. Their solution relies on...

  • Old wine in new casks: libertarian paternalism still violates liberal principles. Grüne-Yanoff, Till // Social Choice & Welfare;Apr2012, Vol. 38 Issue 4, p635 

    Libertarian Paternalism (LP) purports to be a kind of paternalism that is 'liberty-preserving' and hence compatible with liberal principles. In this paper, I argue against this compatibility claim. I show that LP violates core liberal principles, first because it limits freedom, and secondly...

  • A reexamination of additivity of power in randomized social preference. Nandeibam, Shasikanta // Review of Economic Design;2003, Vol. 8 Issue 3, p293 

    We show that Barber� and Sonnenschein�s (1978) power function becomes additive if we replace the Paretian condition by nonimposition and monotonicity. Since these conditions are very much in the spirit of Arrow (1951), our result sharpens the analogy to Arrow�s theorem.

  • Egalitarian-equivalence and the Pareto principle for social preferences. Tadenuma, Koichi // Social Choice & Welfare;Jun2005, Vol. 24 Issue 3, p455 

    The Pareto principle is often in conflict with the equity criteria in construction of social preferences: there exist two allocations x and y such that x Pareto dominates y, but y is an equitable allocation whereas x is not. The efficiency-first principle requires to rank an allocation x higher...

  • Collective Rationality, Unanimity and Liberal Ethics. Karni, Edi // Review of Economic Studies;Oct78, Vol. 45 Issue 3, p571 

    The apparent inconsistency of the condition of unrestricted domain, the Pareto principle, the principle of liberalism and the existence of a social choice function (SCF), that was pointed out by Sen (1970a), is indeed a disturbing feature of the social choice process in a free society. Recently,...

  • Liberaltarians. Lindsey, Brink // New Republic;12/11/2006, Vol. 235 Issue 24, p14 

    The article discusses the perceived schism forming between traditional conservative republicans and libertarians as illustrated by the 2006 mid-term elections in which democrats won U.S. congressional seats in areas typically under republican control. The author questions whether this signals a...

  • What Is the Point of My Libertarian Anarchism? Higgs, Robert // Voluntaryist;2013 2nd Quarter, Issue 157, p3 

    The article offers the author's insights on being a libertian anarchist. The author states that he has moved quickly from his collegiate New Leftism toward classical liberalism after he has started working as a professor in 1968. He says that he has become increasingly libertarian as he learned...

  • Limits enhance true freedom.  // Alberta Report / Newsmagazine;5/23/94, Vol. 21 Issue 23, p24 

    Cites an article by Robert Nadeau in the March 21, 1994 issue of `Citizen' which said if a society is to be free, it must have laws restricting at least a few individual liberties. Creating society through coercion or consensus; Why we cannot define freedom in terms of the individual's right to...

  • None dare call it government. Kinsley, Michael // Time International (South Pacific Edition);2/17/97, Issue 7, p80 

    Opinion. Discusses libertarians and their views about government regulations. The efforts and work of Charles Murray; The benefit that government regulations have on the society as a whole and not just the individual consumer; The idea that libertarians want a simpler life, but their view of...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics