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Summary There is an ongoing discussion about the relationship of power and preferences: Is power reflected in what the agents can do and what they want to do, or, alternatively, are preferences and power two separate dimensions of determining the outcome of decisionmaking? In the latter case...
Persistent link: https://www.econbiz.de/10014609038
There is an ongoing discussion about the relationship of power and preferences: Is power reflected in what the agents can do and what they want to do, or, alternatively, are preferences and power two separate dimensions of determining the outcome of decisionmaking? In the latter case...
Persistent link: https://www.econbiz.de/10005027154
Intransitive, incomplete and discontinuous preferences are not always irrational, but may be based on quite reasonable considerations. Hence, we pursue the possibility to build a theory of social choice on an alternative foundation, viz. on individual reference tournaments. Tournaments have been...
Persistent link: https://www.econbiz.de/10011157049