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Twelve sets, proposed as social choice solution concepts, are compared: the core, five versions of the uncovered set, two versions of the minimal weakly stable sets, the uncaptured set, the untrapped set, the minimal undominated set (strong top cycle) and the minimal dominant set (weak top...
Persistent link: https://www.econbiz.de/10011259698
Various Condorcet consistent social choice functions based on majority rule (tournament solutions) are considered in the general case, when ties are allowed: the core, the weak and strong top cycle sets, versions of the uncovered and minimal weakly stable sets, the uncaptured set, the untrapped...
Persistent link: https://www.econbiz.de/10010896440
This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in literature rest upon the ability to choose over budget sets that contains only 2 or 3 elements, the situations which are not observable in real life. In order to give a more...
Persistent link: https://www.econbiz.de/10010308722
This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in the literature rest upon the ability to choose over budget sets that contain only 2 or 3 elements. This paper shows that for any given choice function, many of the famous...
Persistent link: https://www.econbiz.de/10010310081
Persistent link: https://www.econbiz.de/10011500661
Persistent link: https://www.econbiz.de/10010480233
Persistent link: https://www.econbiz.de/10011903465
the formulation of list rationality to stochastic choice setup. We say two alternatives are related if the \textit …. By using this characterization, we relate list rationality to two-stage choice procedures. …
Persistent link: https://www.econbiz.de/10011672005
This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in the literature rest upon the ability to choose over budget sets that contain only 2 or 3 elements. This paper shows that for any given choice function, many of the famous...
Persistent link: https://www.econbiz.de/10010954759
This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in literature rest upon the ability to choose over budget sets that contains only 2 or 3 elements, the situations which are not observable in real life. In order to give a more...
Persistent link: https://www.econbiz.de/10010956032