Showing 1 - 10 of 26
mathematicien Georges-Théodule Guilbaud has obtained a dictatorship result for the logical problem of aggregation, thus anticipating … the literature on abstract aggregation theory and judgment aggregation. We reconstruct the proof of Guilbaud's theorem …
Persistent link: https://www.econbiz.de/10010603633
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10010899781
result to the "logical problem of aggregation", thus anticipating the literature on abstract aggregation theory and judgment … aggregation. We reconstruct the proof of Guilbaud's theorem, which is also of technical interest, because it can be seen as the …
Persistent link: https://www.econbiz.de/10010738468
Over the last decade, distance-based methods have been introduced and then improved in the field of spatial economics to gauge the geographic concentration of activities. There is a growing literature on this theme including new tools, discussions on specific properties and various...
Persistent link: https://www.econbiz.de/10010821160
for the consensus problems, in particular in the case of the aggregation of linear orders. First we consider the medians …
Persistent link: https://www.econbiz.de/10010738443
We analyze the aggregation problem without the assumption that individuals and society have fully determined and … utilities, where it basically reduces to utilitarianism. In particular, aggregation rules may differ by the relationship between … individual and social indeterminacy. We characterize several subclasses of neutral aggregation rules and show that utilitarian …
Persistent link: https://www.econbiz.de/10010775734
The one-year prediction error (one-year MSEP) proposed by Merz and Wüthrich has become a market-standard approach for the assessment of reserve volatilities for Solvency II purposes. However, this approach is declined in a univariate framework. Moreover, Braun proposed a closed-formed...
Persistent link: https://www.econbiz.de/10010899719
We analyze the aggregation problem without the assumption that individuals and society have fully determined and … utilities, where it basically reduces to utilitarianism. In particular, aggregation rules may differ by the relationship between … individual and social indeterminacy. We characterize several subclasses of neutral aggregation rules and show that utilitarian …
Persistent link: https://www.econbiz.de/10010784099
We analyze the aggregation problem without the assumption that individuals and society have fully determined and … utilities, where it basically reduces to utilitarianism. In particular, aggregation rules may differ by the relationship between … individual and social indeterminacy. We characterize several subclasses of neutral aggregation rules and show that utilitarian …
Persistent link: https://www.econbiz.de/10011025649
We provide a generalization of Harsanyi (1955)'s aggregation theorem to the case of incomplete preferences at the … aggregation rules that are utilitarian in a generalized sense. Strengthening Pareto indifference to Pareto preference provides a …
Persistent link: https://www.econbiz.de/10011025731