Showing 1 - 10 of 1,617
Persistent link: https://www.econbiz.de/10005247973
Two theorems are given; the first extends the Sonnenschein-Mantel-Debreu theorem characterizing aggregate demand functions from the set of n (greater than or equal to) 2 commodities to all 2 (superscipt n) minus (n+1) subsets of two or more commodities. The second theorem concerns spatial voting...
Persistent link: https://www.econbiz.de/10005252347
Persistent link: https://www.econbiz.de/10005252352
Paradoxes from statistics and decision sciences form amusing, yet intriguing mathematical puzzles. On deeper examination, they constitute serious problems that could cause us, unintentionally, to adopt inferior alternatives. It is indicated here how ideas form "dynamical chaos" and orbits of...
Persistent link: https://www.econbiz.de/10005252377
Persistent link: https://www.econbiz.de/10005252398
Persistent link: https://www.econbiz.de/10005252487
Persistent link: https://www.econbiz.de/10005824397
A theory is developed to explain all possible (single profile) positional voting paradoxes. This includes all pairwise voting cycles, problems with agendas, conflict between the Borda and Condorcet winners, and differences among positional outcomes (such as the plurality and antiplurality...
Persistent link: https://www.econbiz.de/10005824448
Persistent link: https://www.econbiz.de/10005824476
A central political and decision science issue is to understand how election outcomes can change with the choice of a procedure or the slate of candidates. These questions are answered for the important Copeland method (CM) where, with a geometric approach, we characterize all relationships...
Persistent link: https://www.econbiz.de/10005824492