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To examine the consequences of allowing individual to violate full rationality in collective decision making, this article discusses the possibility of aggregating quasi-transitive preferences in the Arrovian framework. Quasi-transitive valued aggregating functions are discussed and...
Persistent link: https://www.econbiz.de/10010835771
Introduction -- Elementary Logic -- Sets, Relations, Functions -- Binary Relations -- Social Choice Theoretic Framework and Arrow Impossibility Theorem -- Some Important Value-Judgments, Rules and Theorems -- Implications of Weakening of Some of Arrow Conditions -- The Method of Majority...
Persistent link: https://www.econbiz.de/10013431297
We consider situations in which agents are notable to completely distinguish between all alternatives. Preferences respect individual objective indifferences if any two alternatives are indifferent whenever an agent cannot distinguish between them. We present necessary and sufficient conditions...
Persistent link: https://www.econbiz.de/10005170699
We consider situations in which agents are not able to completely distinguish between all alternatives. Preferences respect individual objective indifferences if any two alternatives are indifferent whenever an agent cannot distinguish between them. We present necessary and sufficient conditions...
Persistent link: https://www.econbiz.de/10010773131
We examine properties of binary relations that complement quasi-transitivity and Suzumura consistency in the sense that they, together with the original axiom(s), are equivalent to transitivity. In general, the conjunction of quasi-transitivity and Suzumura consistency is strictly weaker than...
Persistent link: https://www.econbiz.de/10008617026
We consider situations in which agents are notable to completely distinguish between all alternatives. Preferences respect individual objective indifferences if any two alternatives are indifferent whenever an agent cannot distinguish between them. We present necessary and sufficient conditions...
Persistent link: https://www.econbiz.de/10008617045
We consider situations in which agents are not able to completely distinguish between all alternatives. Preferences respect individual objective indifferences if any two alternatives are indifferent whenever an agent cannot distinguish between them. We present necessary and sufficient conditions...
Persistent link: https://www.econbiz.de/10008584601
recent contributions. However, not much seems to be known when the coherence property of quasi-transitivity or that of P-acyclicity …
Persistent link: https://www.econbiz.de/10008671558
We examine properties of binary relations that complement quasi-transitivity and Suzumura consistency in the sense that they, together with the original axiom(s), are equivalent to transitivity. In general, the conjunction of quasi-transitivity and Suzumura consistency is strictly weaker than...
Persistent link: https://www.econbiz.de/10008679127
In a matching problem between students and schools, a mechanism is said to be robustly stable if it is stable, strategy-proof, and immune to a combined manipulation, where a student first misreports her preferences and then blocks the matching that is produced by the mechanism. We find that even...
Persistent link: https://www.econbiz.de/10011599445