Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10011479865
It is well known that the literature on judgment aggregation inherits the impossibility results from the aggregation of preferences that it generalises. This is due to the fact that the typical judgment aggregation problem induces an ultrafilter on the the set of individuals, as was shown in a...
Persistent link: https://www.econbiz.de/10010272584
It is well known that the literature on judgment aggregation inherits the impossibility results from the aggregation of preferences that it generalises. This is due to the fact that the typical judgment aggregation problem induces an ultrafilter on the the set of individuals, as was shown in a...
Persistent link: https://www.econbiz.de/10008631392
This article proves a very general version of the Kirman-Sondermann [Journal of Economic Theory, 5(2):267-277, 1972] correspondence by extending the methodology of Lauwers and Van Liedekerke [Journal of Mathematical Economics, 24(3):217-237, 1995]. The paper first proposes a unified framework...
Persistent link: https://www.econbiz.de/10008509510
This paper studies collective decision making with regard to convex risk measures: It addresses the question whether there exist nondictatorial aggregation functions of convex risk measures satisfying Arrow-type rationality axioms (weak universality, systematicity, Pareto principle). Herein,...
Persistent link: https://www.econbiz.de/10010272587
It is known that a combination of the Maccheroni-Marinacci-Rustichini (2006) axiomatisation of variational preferences with the Föllmer-Schied (2002,2004) representation theorem for concave monetary utility functionals provides an (individual) decision-theoretic foundation for convex risk...
Persistent link: https://www.econbiz.de/10008498362