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Under certain aggregation rules, particular subsets of the voting population fully characterize the social preference relation, and the preferences of the remaining voters become irrelevant. In the traditional literature, these types of rules, i.e. voting and simple rules, have received...
Persistent link: https://www.econbiz.de/10010552453
The literature involving fuzzy Arrow results uses the same independence of irrelevant alternatives condition. We introduce three other types of independence of irrelevant alternative conditions and show that they can be profitably used in the examination of Arrow's theorem. We also generalize...
Persistent link: https://www.econbiz.de/10010552455