Showing 11 - 20 of 443
On the occasion of Robert J. Aumann's being awarded the 2005 Nobel Prize in Economics, this paper gives a personal view on some of Aumann's contributions, and primarily on his approach to foundational issues in game theory, economics, and science as a whole. It is based on numerous discussions...
Persistent link: https://www.econbiz.de/10005752837
The paper presents a notion of rationalizing choice functions that violate the “Independence of Irrelevant Alternatives” axiom. A collection of linear orderings is said to provide a rationalization by multiple rationales for a choice function if the choice from any choice set can be...
Persistent link: https://www.econbiz.de/10005752842
Persistent link: https://www.econbiz.de/10001846948
Persistent link: https://www.econbiz.de/10006755899
Persistent link: https://www.econbiz.de/10005020695
Persistent link: https://www.econbiz.de/10005572854
Persistent link: https://www.econbiz.de/10005572875
Persistent link: https://www.econbiz.de/10005708271
Persistent link: https://www.econbiz.de/10005130045
An extension of Condorcet's paradox by McGarvey (1953) asserts that for every asymmetric relation R on a finite set of candidates there is a strict-preferences voter profile that has the relation R as its strict simple majority relation. We prove that McGarvey's theorem can be extended to...
Persistent link: https://www.econbiz.de/10005342101