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Persistent link: https://www.econbiz.de/10010458186
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
Persistent link: https://www.econbiz.de/10011780347
By using the standard combining logics technique (D. M. Gabbay 1999) we define a generalization of von Wright’s preference logic (G. H. von Wright 1963) enabling to express, on an almost propositional level, the individual and the social preference relations simultaneously. In this context we...
Persistent link: https://www.econbiz.de/10010938624
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/10008626048
Any procedure of social choice makes use of some types of information and ignores others. For example, the method of majority decision concentrates on people's votes, but pays no direct attention to, say, their social standings, or their prosperity or penury, or even the intensities of their...
Persistent link: https://www.econbiz.de/10014025194
Persistent link: https://www.econbiz.de/10013365530
Purpose – The purpose of this paper is to bring out with analytical argumentation and mathematical treatment the central problem of Islamic economics, finance, institutionalism and socio-scientific thought as it is being practiced today and for some time now. The problem arises from the...
Persistent link: https://www.econbiz.de/10010565830
Purpose – The purpose of this paper is to bring out with analytical argumentation and mathematical treatment the central problem of Islamic economics, finance, institutionalism and socio‐scientific thought as it is being practiced today and for some time now. The problem arises from the...
Persistent link: https://www.econbiz.de/10014826555
Persistent link: https://www.econbiz.de/10003807167