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In this paper the concepts of manipulation as strategic voting (misrepresentation of true preferences) and strategic nomination (by adding, or removing alternatives) are investigated. The connection between Arrow’s and Gibbard-Satterthwaite theorems is discussed from the viewpoint of dilemma...
Persistent link: https://www.econbiz.de/10010529891
Cerreia-Vioglio, Ghirardato, Maccheroni, Marinacci and Siniscalchi (Economic Theory, 48:341-375, 2011) have recently …-utility preferences are given. A novel proof methodology for special aggregation problems, based on model theory (in the sense of …
Persistent link: https://www.econbiz.de/10010187944
Arrow's Impossibility Theorem is commonly understood to invoke a dictatorship that is somehow lurking within our voting arrangements. A well-recognized statement of the theorem is that "any constitution that respects transitivity, independence of irrelevant alternatives and unanimity is a...
Persistent link: https://www.econbiz.de/10011668158
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emerging social choice theory -, two conflicting ways of dealing with mathematical tools in welfare economics and, above all …
Persistent link: https://www.econbiz.de/10011610213
and argue that instead utilitarian, i.e. cardinal social choice theory is relevant for voting. I show that justifications …
Persistent link: https://www.econbiz.de/10010440432
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The problem of social choice is studied on a domain with countably many individuals. In contrast to most of the existing literature which establish either non-constructive possibilities or approximate (i.e. invisible) dictators, we show that if one adds a continuity property to the usual set of...
Persistent link: https://www.econbiz.de/10011967421
wishes to evaluate her options on the basis of a single aggregate prior via classical expected utility theory (a … preference and judgment aggregation theory which show that the aggregate of several probability measures should not be conceived … McConway's (Journal of the American Statistical Association, vol. 76, no. 374, pp. 410-414, 1981) theory of probabilistic …
Persistent link: https://www.econbiz.de/10010234048