Showing 1 - 10 of 1,187
We investigate how individuals think groups should aggregate members' ordinal preferences - that is, how they interpret "the will of the people." In an experiment, we elicit revealed attitudes toward ordinal preference aggregation and classify subjects according to the rules they apparently...
Persistent link: https://www.econbiz.de/10012625509
The death of welfare economics has been declared several times. One of the reasons cited for these plural obituaries is that Kenneth Arrow's impossibility theorem, as set out in his path-breaking Social Choice and Individual Values in 1951, has shown that the social welfare function - one of the...
Persistent link: https://www.econbiz.de/10011610213
Persistent link: https://www.econbiz.de/10011989950
I Preliminaries: Introduction -- Abstract Social Choiuce Problems and Concrete Resource Allocation Problems -- Describing an Allocation Problem: a Checklist -- II Axiom Types: Axiom Format -- Axiom Content: Delineating Broad Categories -- Axiom Content: Punctual Requirements on Welfare...
Persistent link: https://www.econbiz.de/10014340331
Persistent link: https://www.econbiz.de/10000343873
Persistent link: https://www.econbiz.de/10000110866
Persistent link: https://www.econbiz.de/10000048522
Persistent link: https://www.econbiz.de/10003780614
Persistent link: https://www.econbiz.de/10003482794
Persistent link: https://www.econbiz.de/10003473646