Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10001328681
Persistent link: https://www.econbiz.de/10001773191
Persistent link: https://www.econbiz.de/10001593751
Within the framework of the axiomatic approach three types of voting schemes are investigated according to the form in which the individual opinions about the alternatives are defined, as well as to the form of desired social decision. These types of rules are Social Decision Rules, Functional...
Persistent link: https://www.econbiz.de/10014023841
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