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We show that the incompatibility between the Pareto principle and the notion of non-discrimination as presented in Xu (2000) continues to hold when the individuals have exact preferences and the social preference relation is allowed to be a reflexive and transitive fuzzy binary relation. Our...
Persistent link: https://www.econbiz.de/10005094821
A method for consensus measuring in a group decision problem is presented for the multiple criteria case. The decision process is supposed to be carried out according to Saaty's Analytic Hierarchy Process, and hence using pairwise comparison among the alternatives. Using a suitable distance...
Persistent link: https://www.econbiz.de/10008774124
In outranking methods for Multiple Criteria Decision Making (MCDM), pair-wise comparisons of alternatives are often summarized through a fuzzy preference relation. In this paper, the binary preference relation is extended to pairs of subsets of alternatives in order to define on this basis a...
Persistent link: https://www.econbiz.de/10005021635
Several experimental studies observed substantial violations of transitivity in decisions between risky lotteries over … generating violations of transitivity. Since we find neither substantial nor systematic deviations from transitive choice …
Persistent link: https://www.econbiz.de/10010278001
We propose the concept of level r consensus as a useful property of a preference profile which considerably enhances the stability of social choice. This concept involves a weakening of unanimity, the most extreme form of consensus. It is shown that if a preference profile exhibits level r...
Persistent link: https://www.econbiz.de/10010398622
Several experimental studies have observed substantial violations of transitivity for decisions between risky lotteries … for generating violations of transitivity. Since we find neither substantial nor systematic deviations from transitive …
Persistent link: https://www.econbiz.de/10010317186
conditions under which it is possible to detect the presence of a taste for transitivity in the presence of assortative matching …
Persistent link: https://www.econbiz.de/10011594326
Preferences may arise from regret, i.e., from comparisons with alternatives forgone by the decision maker. We ask whether regret-based behavior is consistent with non-expected utility theories of transitive choice and show that the answer is no. If choices are governed by ex ante regret and...
Persistent link: https://www.econbiz.de/10011599439
provides an analytical framework for making real income comparisons across countries and over time that satisfy transitivity …
Persistent link: https://www.econbiz.de/10009448806
by the collection. The method of characterization relies upon transitivity of menu preferences, but completeness can be …
Persistent link: https://www.econbiz.de/10011927986