Publication: Social preferences over ordinal outcomes
Social preferences over ordinal outcomes
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Ambühl, S., & Bernheim, B. D. (2024). Social preferences over ordinal outcomes (No. 395; Working Paper Series / Department of Economics).
Abstract
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We study social preferences in settings where someone who chooses on behalf of others knows how those individuals rank the available options but may lack cardinal information concerning those comparisons. Contrary to majoritarian principles, most people place more weight on preventing least-preferred outcomes for others than on enabling most-preferred outcomes. Ranks matter both intrinsically and because they provide a basis for inferring cardinal utility. Ordinal aggregation principles are stable across domains and countries with div
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Citations
Ambühl, S., & Bernheim, B. D. (2024). Social preferences over ordinal outcomes (No. 395; Working Paper Series / Department of Economics).