Judgment (or logical) aggregation theory is logically more powerful than social choice theory and has been put to use … aggregation theory developed by Dokow and Holzman (2010c). This application involves aggregating classifications (specifically … aggregation theory to a more general one …

governance mechanism by disciplining managers' investment decisions. In the two years following an M&A lawsuit (a lawsuit where … peer firms respond to the increased litigation risk by reducing abnormally high investment expenditures. Finally, the … industry-wide deterrence effect on firms' suboptimal investment behavior …

theory and welfare economics, which are restricted to the certainty case, with Harsanyi's pathbreaking attempt at extending …