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Some researchers have addressed the problem of aggregating individual preferences or rankings by seeking a ranking that is closest to the individual rankings. Their methods differ according to the notion of distance that they use. The best known method of this sort is due to Kemeny. The first...
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We scrutinize and compare, from the perspective of modern theory of social choice, two rules that have been used to rank competitors in Figure Skating for the past decades. The first rule has been in use at least from 1982 until 1998, when it was replaced by a new one. We also compare these two...
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We pursue the analysis of the Path Serial Cost Sharing Rule by examining how the cost share of an agent varies with respect to its own demand and the one of other agents. We also provide bounds for cost shares under an appropriate assumption on the cost function.
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Cet article illustre les difficultés inhérentes au processus démocratique à partir des résultats d'une consultation tenue à l'Université Laval, dans le cadre de la nomination d'un doyen. Lors de ce scrutin, les votants devaient en principe ordonner tous les candidats, au nombre de quatre....
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This paper presents a price model of the Input-Output variety. This model computes the changes in the production costs and the prices of goods resulting from changes in the prices of primary factors and imports and changes in indirect taxes. It assumes that all such changes are transmitted in...
Persistent link: https://www.econbiz.de/10008510819
This paper uses the results of a poll held at Université Laval to illustrate the difficulty in aggregating individual preferences. In this poll, voters were asked to rank four candidates for a position of dean. The paper provides a brief survey of the literature on the theory of social choice,...
Persistent link: https://www.econbiz.de/10008510833