Showing 1 - 10 of 12
All existing impossibility theorems on judgment aggregation over logically connected propositions have one of two restrictions: they either use a controversial systematicity condition or apply only to special agendas of propositions with rich logical connections. An important open question is...
Persistent link: https://www.econbiz.de/10005408407
It is known that majority voting among several individuals on logically interconnected propositions may generate irrational collective judgments. We generalize majority voting by considering quota rules, which accept each proposition if and only if the number of individuals accepting it exceeds...
Persistent link: https://www.econbiz.de/10005408431
In this paper we argue that authorities aid cooperation by means of direct coordination or the enforcement of pre-commitment devices such as contract laws.Credible threats of violence allow this role. In a local interaction model, an authority forms if mutually connected individuals with...
Persistent link: https://www.econbiz.de/10005412451
If each member of a group assigns a certain probability to a hypothesis, what probability should the collective as a whole assign? More generally, how should individual probability functions be merged into a single collective one? I investigate this question in case that the individual...
Persistent link: https://www.econbiz.de/10005412461
A simple Ising spin model which can describe the mechanism of advertising in a duopoly market is proposed. In contrast to other agent- based models, the influence does not flow inward from the surrounding neighbors to the center site, but spreads outward from the center to the neighbors. The...
Persistent link: https://www.econbiz.de/10005556888
May's theorem famously shows that, in social decisions between two options, simple majority rule uniquely satisfies four appealing conditions. Although this result is often cited as a general argument for majority rule, it has never been extended beyond pairwise decisions. Here we generalize...
Persistent link: https://www.econbiz.de/10005556913
In response to recent work on the aggregation of individual judgements on logically connected propositions into collective judgements, it is often asked whether judgement aggregation is a special case of Arrowian preference aggregation. We argue the opposite. After proving a general...
Persistent link: https://www.econbiz.de/10005556970
Voting on unidimensional issues will produce equilibrium outcomes if voter preferences are single peaked. While the equilibrium outcomes would not necessarily be Pareto optimal, they would be stable. This paper shows that voting on multidimensional issues can produce stable equilibria if the...
Persistent link: https://www.econbiz.de/10005556972
Within social choice theory, the new field of judgment aggregation aims at reaching collective judgments on a set of logically interconnected propositions. I investigate decision problems, in which the agenda is a network, composed of atomic propositions and connection rules between them....
Persistent link: https://www.econbiz.de/10005556978
We analyze the topical question of how the compensation of elected politicians affects the set of citizens choosing to run. To this end, we develop a sparse and tractable citizen-candidate model of representative democracy with ability differences, informative campaigning and political parties....
Persistent link: https://www.econbiz.de/10005560979