Justifications of Welfare Guarantees under Normalized Utilities
classification
💻 cs.GT
keywords
justificationnormalizedsocialunderusedutilitieswelfareanalyse
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It is standard in computational social choice to analyse welfare considerations under the assumptions of normalized utilities. In this note, we summarize some common reasons for this approach. We then mention another justification which is ignored but has solid normative appeal. The central concept used in the `new' justification can also be used more widely as a social objective.
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