Showing 1 - 10 of 31
A classically rational subject is a maximiser: he chooses the best alternative(s) according to some utility function, a paradigm going back to the eighteenth century. One of the ways to overcome its well-known deficiences is to extend it to take into account insenitivity threshold as well as the...
Persistent link: https://www.econbiz.de/10013518643
We study a problem of individual manipulation in an impartial culture (IC) framework using computer modeling. We estimate the degree of manipulability of ten positional voting rules in the case of multiple choice for 3 and 4 alternatives. -- manipulability ; positional voting rules ; multiple...
Persistent link: https://www.econbiz.de/10009505656
Persistent link: https://www.econbiz.de/10011996444
Persistent link: https://www.econbiz.de/10011608242
Persistent link: https://www.econbiz.de/10012225213
The utility maximization paradigm forms the basis of many economic, psychological, cognitive and behavioral models. However, numerous examples have revealed the deficiencies of the concept. This book helps to overcome those deficiencies by taking into account insensitivity of measurement...
Persistent link: https://www.econbiz.de/10013520742
Some Basic Concepts -- Vectors and Matrices -- Square Matrices and Determinants -- Inverse Matrix -- Systems of Linear Equations -- Linear Spaces -- Euclidean Spaces -- Linear Transformations -- Eigenvectors and Eigenvalues -- Linear Model of Production in a Classical Setting -- Linear...
Persistent link: https://www.econbiz.de/10014015450
Persistent link: https://www.econbiz.de/10014442645
Aggregation of individual opinions into a social decision is a problem widely observed in everyday life. For centuries people tried to invent the `best' aggregation rule. In 1951 young American scientist and future Nobel Prize winner Kenneth Arrow formulated the problem in an axiomatic way,...
Persistent link: https://www.econbiz.de/10013520367
Based on the leximin and leximax preferences, we consider two threshold preference relations on the set X of alternatives, each of which is characterized by an n-dimensional vector (n ≥ 2) with integer components varying between 1 and m(m ≥ 2). We determine explicitly in terms of binomial...
Persistent link: https://www.econbiz.de/10011011077