Search Results - subject:"preference aggregation"

Arrovian Aggregation in Economic Environments: How Much Should We Know About Indifference Surfaces?

Fleurbaey, Marc; Suzumura, Kotaro; Tadenuma, Koichi - Center for Intergenerational Studies, Institute of … - 2002

Arrow's celebrated theorem of social choice shows that the aggregation of individual preferences into a social ordering cannot make the ranking of any pair of alternatives depend only on individual preferences over that pair, unless the fundamental weak Pareto and nondictatorship principles are...

Persistent link: https://www.econbiz.de/10005018650

Smallness of Invisible Dictators

Torres, Ricard - Centro de Investigación Económica (CIE), Departamento … - 2002

Fishburn (1970) showed that in an infinite society Arrow's axioms for a preference aggregation rule do not necessarily …

Persistent link: https://www.econbiz.de/10005151248

SINGLE PEAKED FUZZY PREFERENCES IN ONE-DIMENSIONAL MODELS: DOES BLACK'S MEDIAN VOTER THEOREM HOLD?

MORDESON, JOHN N.; NIELSEN, LANCE; CLARK, TERRY D. - In: New Mathematics and Natural Computation (NMNC) 06 (2010) 01, pp. 1-16

Black's Median Voter Theorem is among the more useful mathematical tools available to political scientists for predicting choices of political actors based on their preferences over a finite set of alternatives within an institutional or constitutional setting. If the alternatives can be placed...

Persistent link: https://www.econbiz.de/10008464016

Values, preferences, and the citizen-consumer distinction in cost-benefit analysis

Orr, Shepley W. - In: Politics, Philosophy & Economics 6 (2007) 1, pp. 107-130

This article examines criticisms of cost-benefit analysis and the contingent valuation method from methodological and moral philosophical perspectives. Both perspectives argue that what should be elicited for public decisions are attitudes or values, not preferences, and that respondents should...

Persistent link: https://www.econbiz.de/10010789337

Arrow's Theorem in Judgement Aggregation

Dietrich, Franz; List, Christian - EconWPA - 2005

collective judgements, it is often asked whether judgement aggregation is a special case of Arrowian preference aggregation. We … argue the opposite. After proving a general impossibility theorem, we construct an embedding of preference aggregation into … judgement and preference aggregation and to illustrate the generality of the judgement aggregation model. …

Persistent link: https://www.econbiz.de/10005556970

Preference Aggregation under Uncertainty: Savage vs. Pareto

Chambers, Christopher; Hayashi, Takashi - California Institute of Technology, Division of the … - 2003

Following Mongin [12, 13], we study social aggregation of subjective expected utility preferences in a Savage framework. We argue that each of Savage's P3 and P4 and incompatible with the Strong Pareto property. A representation theorem for social preferences satisfying Pareto indifference and...

Persistent link: https://www.econbiz.de/10005654816

Group Decisions with Multiple Criteria

Baucells, Manel; Sarin, Rakesh K. - In: Management Science 49 (2003) 8, pp. 1105-1118

We consider a decision problem where a group of individuals evaluates multiattribute alternatives. We explore the minimal required agreements that are sufficient to specify the group utility function. A surprising result is that, under some conditions, a bilateral agreement among pairs of...

Persistent link: https://www.econbiz.de/10009218285

Chapter 9 Representative democracy as social choice

Schofield, Norman - In: Handbook of social choice and welfare : volume 1, (pp. 425-455). 2002

Social Choice traditionally employs the preferences of voters or agents as primitives. However, in most situations of constitutional decision-making the beliefs of the members of the electorate determine their secondary preferences or choices. Key choices in US political history, such as the...

Persistent link: https://www.econbiz.de/10014023834

Linear Aggregation of SSB Utility Functionals

Turunen-Red, Arja; Weymark, John - In: Theory and Decision 46 (1999) 3, pp. 281-294

Persistent link: https://www.econbiz.de/10009403176

Demand aggragation and integrability of the HOGLEX demand function

Jerison, David; Jerison, Michael - In: Economics letters 15 (1984) 3/4, pp. 357-362

Persistent link: https://www.econbiz.de/10003067647

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