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This article surveys the literature that investigates the consistency of Arrow's social choice axioms when his unrestricted domain assumptions are replaced by domain conditions that incorporate the restrictions on agendas and preferences encountered in economic environments. Both social welfare...
Persistent link: https://www.econbiz.de/10014025191
Social choice models usually assume that choice is among exogenously given and non decomposable alternatives. Often, on the contrary, choice is among objects that are constructed by individuals or institutions as complex bundles made of many interdependent components. In this paper we present a...
Persistent link: https://www.econbiz.de/10010328578
Following Barberà, Sonnenschein, and Zhou (1991, Econometrica 59, 595-609), we study rules (or social choice functions) through which agents select a subset from a set of objects. We investigate domains on which there exist nontrivial strategy-proof rules. We establish that the set of separable...
Persistent link: https://www.econbiz.de/10010332253
In a recent book and earlier studies, Donald Saari well clarifies the source of three classical impossibility theorems in social choice and proposes possible escape out of these negative results. The objective of this note is to illustrate the relevance of these explanations in justifying the...
Persistent link: https://www.econbiz.de/10010335990
Though the social choice of social institutions or social results is impossible there is, strictly speaking, no social choice individual evaluations of social institutions or results trivially are possible. Such individual evaluations can be deemed liberal either because they emphasize political...
Persistent link: https://www.econbiz.de/10010267062
In this note, we use the technique of option sets to sort out the implications of coalitional strategyproofness in the spatial setting. We also discuss related issues and open problems.
Persistent link: https://www.econbiz.de/10010317113
This paper provides a conceptual framework on fair collective choice rules that synthesizes the studies of Goldman and Sussangkarn (1978) and Suzumura (1981) on the one hand and Tadenuma (2002, 2005) on the other. We show that both frameworks have the following binary relation as a common...
Persistent link: https://www.econbiz.de/10010290399
This article investigates the representative-agent hypothesis for an infinite population which has to make a social choice from a given finite-dimensional space of alternatives. It is assumed that some class of admissible strictly concave utility functions is exogenously given and that each...
Persistent link: https://www.econbiz.de/10003818194
The relationship between propositional model theory and social decision making via premise-based procedures is explored. A one-to-one correspondence between ultrafilters on the population set and weakly universal, unanimity-respecting, systematic judgment aggregation functions is established....
Persistent link: https://www.econbiz.de/10003818237
We consider the allotment problems of homogeneous indivisible objects among agents with single-peaked and risk-averse von Neumann-Morgenstern expected utility functions. We establish that the rule satisfies coalitional strategy-proofness, same-sideness, and strong symmetry if and only if it is...
Persistent link: https://www.econbiz.de/10003490404