Scalarization techniques or relationship between a social welfare function and a Pareto optimality concept
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摘要
This paper discusses some scalarization techniques and one application of the multi-objective optimization problem into a mathematical economics. A function of social welfare and a concept of Pareto optimality in a finite pure exchange economy are considered. Here it is proved that a set of Pareto optimality allocations is path-connected and uncountable, if the utility functions of economical agents are monotone, concave and strictly quasi-concave. In the end, it is proved that there exist non-negative weights and Pareto optimality allocations such that the social welfare function has maximum not proving continuity of this function.
论文关键词:Scalarization,Social welfare function,Pareto optimality concept,Multi-objective optimization,Exchange economy
论文评审过程:Available online 20 April 2005.
论文官网地址:https://doi.org/10.1016/j.amc.2005.02.013