Showing 1 - 10 of 15
Subjective assessment of an activity perception through an ergonomic approach.
Persistent link: https://www.econbiz.de/10005021594
Author's abstract. Judgment aggregation theory generalizes social choice theory by having the aggregation rule bear on judgments of all kinds instead of barely judgments of preference. The paper briefly sums it up, privileging the variant that formalizes judgment by a logical syntax. The theory...
Persistent link: https://www.econbiz.de/10010832946
Author's abstract. Approval voting has attracted considerable interest among voting theorists, but they have rarely investigated it in the Arrovian frame-work of social welfare functions (SWF) and never connected it with Arrow’s impossibility theorem. This note explores these two direc- tions....
Persistent link: https://www.econbiz.de/10010832970
Indeterminate preferences have long been a tricky subject for choice theory. One reason for which preferences may be less than fully determinate is the lack of confidence in one’s preferences. In this paper, a representation of confidence in preferences is proposed. It is used to develop an...
Persistent link: https://www.econbiz.de/10008458011
This paper studies corporate control in a general equilibrium model with incomplete markets. At the market equilibrium, shareholders typically disagree on the way to evaluate production plans outside the market span. Hence a collective decision mechanism is needed to resolve this conflict. A...
Persistent link: https://www.econbiz.de/10005011606
An economy with two dates is considered, on state at the first date and a finite number of states at the last date. Shareholders determine production plans b voting -one share, one vote- and at r-majority stable equilibria, alternative production plans are supported by at most rx100 percent of...
Persistent link: https://www.econbiz.de/10005011615
This article provides a study of corporate control in a general equilibrium framework for production economies. When markets are incomplete, trading assets does not allow agents to fully resolve their conflict of interest: at the market equilibrium, shareholders disagree on the way to evaluate...
Persistent link: https://www.econbiz.de/10005011623
In absence of markets for externalities, the authors look for governances and conditions under which majority voting among shareholders is likely to give rise to efficient internalization. The central and natural role played by a governance of stakeholders is underlined and benchmarked.
Persistent link: https://www.econbiz.de/10005011645
A recent conceptualization of the structure of attitudes proposes that people may hold associations that contribute to their personal attitudes about an object (personal associations) but also highly salient associations that do not contribute to their attitudes toward the object (extrapersonal...
Persistent link: https://www.econbiz.de/10005011666
In this paper, the authors investigate judgment aggregation by assuming that some formulas of the agenda are singled out as premisses, and the Independence condition (formula-wise aggregation) holds for them, though perhaps not for others.
Persistent link: https://www.econbiz.de/10005106603