| Extent: | Online-Ressource (430 p) |
|---|---|
| Series: | |
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | Description based upon print version of record Cover; Title Page; Copyright Page; Table of Contents; General Introduction; PART 1. A PARADOXICAL RESEARCH FIELD; Chapter 1. The Initial Problem; 1.1. Introduction; 1.2. The decision makers and their consultants' usual work; 1.2.1. Identifying the admissible alternatives; 1.2.2. Identifying the criteria; 1.2.3. Evaluating alternatives; 1.2.4. Synthesizing the "data"; 1.2.5. Interpreting the results of the calculation; 1.3. Toward a paradigm for managerial decision-making; 1.3.1. Criteria only in the form of preorderings?; 1.3.2. Synthesis of data: choosing the method; 1.4. Exercises 1.5. Corrected exercisesChapter 2. Paradoxes; 2.1. Arrow's axiomatic system; 2.2. May's axiomatic system; 2.3. Strategic majority voting; 2.3.1. The cake; 2.3.2. A miser, a drunkard, and a health freak; 2.4. Exercises; 2.5. Corrected exercises; PART 2. A CENTRAL CASE: THE MAJORITY METHOD; Chapter 3. Majority Method and Limited Domain; 3.1. Sen's lemma [SEN 66]; 3.2. Coombs' condition; 3.3. Black's unimodality condition [BLA 48, BLA 58]; 3.4. Romero's arboricity; 3.5. Romero's quasi-unimodality; 3.6. Arrow-Black's single-peakedness; 3.7. The Cij's; 3.8. Exercises; 3.9. Corrected exercises Chapter 4. Intuition Can Easily Suggest Errors4.1. Inada's conditions; 4.2. Is the bipartition the same as the NITM condition?; 4.3. Diversity of the NIMT condition; 4.4. Exercises; 4.5. Corrected exercises; Chapter 5. Would Transitivity be a Prohibitive Luxury?; 5.1. Star-shapedness; 5.2. Ward's condition; 5.2.1. In search of reasonable axiomatic limitations on the feasible domain for the criteria; 5.2.2. A fundamental result; 5.3. The failure of the majority method; 5.4. Exercises; 5.5. Corrected exercises; Conclusion of the Second Part; PART 3. AXIOMATIZING CHOICE FUNCTIONS Chapter 6. Helpful Tools for the Sensible Decision Maker6.1. The "habitual" decision maker and his/her traditional means; 6.1.1. Decision makers' reluctance in the face of the consultants' "knowledge"; 6.1.2. The "habitual" decision maker and the framing of Kahneman and Tversky; 6.2. The habitual decision maker; 6.2.1. A small history of utilitarianism; 6.2.2. How can one explain utilitarianism's success?; 6.2.3. What remains of utilitarianism if it wants to support a well-founded decision-making theory?; 6.3. A "sensible" decision maker confronted with a difficult decision 6.4. The urgency of raising the moral standard of the market6.5. Conclusion; 6.6. Exercises; 6.7. Corrected exercises; Chapter 7. An Important Class of Choice Functions; 7.1. Introduction; 7.2. The problem: various definitions; 7.3. Natural properties of the E-matrices and B-F-matrices; 7.4. Choice functions that depend only on the E-matrix oron the B-F-matrix; 7.5. Characterization of the choice functions that depend only on the E-matrix (respectively, B-F-matrix); 7.6. Conclusion; 7.7. Exercises; 7.8. Corrected exercises; Chapter 8. Prudent Choice Functions; 8.1. Introduction 8.2. Toward the prudence axiom |
| ISBN: | 978-1-84821-297-8 ; 978-1-118-60219-5 ; 978-1-84821-297-8 |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10011828332