Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10010260059
Persistent link: https://www.econbiz.de/10011917474
Persistent link: https://www.econbiz.de/10012129542
Persistent link: https://www.econbiz.de/10011619948
Persistent link: https://www.econbiz.de/10011707674
Persistent link: https://www.econbiz.de/10011993530
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
It is well known that the rock-paper-scissors game has no pure saddle point. We show that this holds more generally: A symmetric two-player zero-sum game has a pure saddle point if and only if it is not a generalized rock-paper-scissors game. Moreover, we show that every finite symmetric...
Persistent link: https://www.econbiz.de/10003949630
It is proved that, among all restricted preference domains that guarantee consistency (i.e. transitivity) of pairwise majority voting, the single-peaked domain is the only minimally rich and connected domain that contains two completely reversed strict preference orders. It is argued that this...
Persistent link: https://www.econbiz.de/10011558266
Persistent link: https://www.econbiz.de/10011980826