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This note provides an alternative proof of a known result on the existenceof collections of orderings generating intersection quasi-orderings. Instead of proving theresult from rst principles, it is illustrated how it can be obtained by making use of ananalogous relationship between partial...
Persistent link: https://www.econbiz.de/10005869310
Discounting the utilities of future people or giving smaller weights to groups other thanone's own is often criticized on the grounds that the resulting objective function diers fromthe ethically appropriate one...
Persistent link: https://www.econbiz.de/10005869339
Bargaining under uncertainty is modeled by the assumption that thereare several possible states of nature, each of which is identied with abargaining problem...
Persistent link: https://www.econbiz.de/10005869345
This paper provides an analysis of individual and social decision criteria foralternatives that are composed of several attributes. We derive additive and multiplicativecriteria for individual decision-making with new axioms and apply these criteria toobtain new justications of known social...
Persistent link: https://www.econbiz.de/10005869346