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This paper examines social choice theory with the strong Pareto principle. The notion of conditional decisiveness is introduced to clarify the underlying power structure behind strongly Paretian aggregation rules satisfying binary independence. We discuss the various degrees of social...
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This paper aims to reexamine the axiom of the independence of irrelevant alternatives in the theory of social choice. A generalized notion of independence is introduced to clarify an informational requirement of binary independence which is usually imposed in the Arrovian framework. We...
Persistent link: https://www.econbiz.de/10010865843
This paper examines an extended framework of Arrovian social choice theory. We consider two classes of values: consequential values and non-consequential values. Each individual has a comprehensive preference based on the two. Non-consequential values are assumed to be homogeneous among...
Persistent link: https://www.econbiz.de/10011151341