The literature has focused on a particular way of aggregating judgments: Given a set of yes or no questions or issues, the individuals’ judgments are then aggregated separately, issue by issue. Applied in this way, the majority method does not guarantee the logical consistency of the set of...

This article gives a brief and informal introduction to the theory of judgment aggregation and to the discursive dilemma, focusing on methodology and interpretation.

Influencing and being influenced by others is the very essence of human behaviour. We put forward an exploratory asset-pricing model allowing for social influence on investor judgments under ambiguity. The time series of returns generated by our model displays volatility clustering, a puzzling...

Author's abstract. Judgment aggregation theory generalizes social choice theory by having the aggregation rule bear on judgments of all kinds instead of barely judgments of preference. The paper briefly sums it up, privileging the variant that formalizes judgment by a logical syntax. The theory...

Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...

We describe and characterize the family of asymmetric parametric division rules for the adjudication of conflicting claims on a divisible homogeneous good. As part of the characterization, we present two novel axioms which restrict how a division rule indirectly allocates between different...

In light of research indicating that individual behavior may violate standard assumptions of rationality, we modify the standard model of preference aggregation to study the case in which neither individual nor collective preferences are required to satisfy transitivity or other coherence...

We study the problem of determining memberships to the groups in a Boolean algebra. The Boolean algebra is composed of basic groups (e.g., “J” and “K”) and the other groups that are derived from basic groups through the conjunction, disjunction, or negation operations (e.g., “J and...

Does the revolving door phenomenon erode bureaucratic integrity? To answer this question, we undertake a quantitative case study of a private university in South Korea that recruited a former vice minister of education as its president. Specifically, we investigate whether after employing this...

We argue that heroism is typically adaptive everyday ethical behavior taken to the extreme by over-generalization. We discuss three types of ethical principles with the properties of being cooperative, adaptive in the context of everyday life, but not in one's self-interest when taken to the...