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A representative individual from arrovian aggregation of parametric individual utilities
Herzberg, Frederik - 2009
ultraproduct of the reals with respect to the ultrafilter of decisive coalitions; this construction explicitly determines the …
Persistent link: https://www.econbiz.de/10010272588
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A representative individual from Arrovian aggregation of parametric individual utilities
Herzberg, Frederik - Institut für Mathematische Wirtschaftsforschung, … - 2009
ultraproduct of the reals with respect to the ultrafilter of decisive coalitions; this construction explicitly determines the …
Persistent link: https://www.econbiz.de/10005002284
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Aggregation of Monotonic Bernoullian Archimedean preferences: Arrovian impossibility results
Herzberg, Frederik - 2013
Cerreia-Vioglio, Ghirardato, Maccheroni, Marinacci and Siniscalchi (Economic Theory, 48:341-375, 2011) have recently proposed a very general axiomatisation of preferences in the presence of ambiguity, viz. Monotonic Bernoullian Archimedean (MBA) preference orderings. This paper investigates the...
Persistent link: https://www.econbiz.de/10010352841
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Aggregation of Monotonic Bernoullian Archimedean preferences : Arrovian impossibility results
Herzberg, Frederik - 2013
Cerreia-Vioglio, Ghirardato, Maccheroni, Marinacci and Siniscalchi (Economic Theory, 48:341-375, 2011) have recently proposed a very general axiomatisation of preferences in the presence of ambiguity, viz. Monotonic Bernoullian Archimedean (MBA) preference orderings. This paper investigates the...
Persistent link: https://www.econbiz.de/10010187944
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Aggregation of Monotonic Bernoullian Archimedean preferences: Arrovian impossibility results
Herzberg, Frederik - Institut für Mathematische Wirtschaftsforschung, … - 2013
Cerreia-Vioglio, Ghirardato, Maccheroni, Marinacci and Siniscalchi (Economic Theory, 48:341--375, 2011) have recently proposed a very general axiomatisation of preferences in the presence of ambiguity, viz. Monotonic Bernoullian Archimedean (MBA) preference orderings. This paper investigates the...
Persistent link: https://www.econbiz.de/10011098639
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Arrovian aggregation of MBA preferences : an impossibility result ; conference paper
Herzberg, Frederik - 2013
Cerreia-Vioglio, Ghirardato, Maccheroni, Marinacci and Siniscalchi (Economic Theory, 48:341-375, 2011) have recently axiomatised preferences in the presence of ambiguity as Monotonic Bernoullian Archimedean (MBA) preferences. We investigate the problem of Arrovian aggregation of MBA preferences...
Persistent link: https://www.econbiz.de/10010338890
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Impossibility results for infinite-electorate abstract aggregation rules
Herzberg, Frederik; Eckert, Daniel - 2009
impossibility results for free ultrafilters: The domain of an ultraproduct over a free ultrafilter extends the individual factor … preferences that it generalises. This is due to the fact that the typical judgment aggregation problem induces an ultrafilter on …, dictatorship then immediately follows from the principality of an ultrafilter on a finite set. This is not the case for an infinite …
Persistent link: https://www.econbiz.de/10010272584
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Social choice of convex risk measures through Arrovian aggregation of variational preferences
Herzberg, Frederik - 2010
This paper studies collective decision making with regard to convex risk measures: It addresses the question whether there exist nondictatorial aggregation functions of convex risk measures satisfying Arrow-type rationality axioms (weak universality, systematicity, Pareto principle). Herein,...
Persistent link: https://www.econbiz.de/10010272587
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Judgment aggregation functions and ultraproducts
Herzberg, Frederik - 2008
-respecting, systematic judgment aggregation functions is established. The proof constructs an ultraproduct of profiles, viewed as … propositional structures, with respect to the ultrafilter of decisive coalitions. This representation theorem can be used to prove …
Persistent link: https://www.econbiz.de/10010272601
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Judgment aggregation functions and ultraproducts
Herzberg, Frederik - 2008
-respecting, systematic judgment aggregation functions is established. The proof constructs an ultraproduct of profiles, viewed as … propositional structures, with respect to the ultrafilter of decisive coalitions. This representation theorem can be used to prove …
Persistent link: https://www.econbiz.de/10009452549