Showing 621 - 630 of 678
It has long been understood that externalities of some kind are responsible for Sen’s (1970) theorem on the impossibility of a Paretian liberal. However, Saari and Petron (2006) show that for any social preference cycle generated by combining the weak Pareto principle and individual...
Persistent link: https://www.econbiz.de/10015253124
This note presents a simple proof of Arrow's impossibility theorem using Saari's [3, 4] "geometry of voting".
Persistent link: https://www.econbiz.de/10005370950
Persistent link: https://www.econbiz.de/10005388149
We characterize a rule for aggregating binary evaluations -- equivalently, dichotomous weak orders -- similar in spirit to the Borda rule from the preference aggregation literature. The binary evaluation framework was introduced as a general approach to aggregation by Wilson (J. Econ. Theory 10...
Persistent link: https://www.econbiz.de/10011167227
We present a model of collective decision making in which aggregation and deliberation are treated simultaneously. In our model, individuals debate in a public forum and potentially revise their judgements in light of deliberation. Once this process is exhausted, a rule is applied to aggregate...
Persistent link: https://www.econbiz.de/10011261113
Persistent link: https://www.econbiz.de/10010896589
A model of judgment aggregation is presented in which judgments on propositions are not binary but come in degrees. The primitives are a set of propositions, an entailment relation, and a “triangular norm” which establishes a lower bound on the degree to which a proposition is true whenever...
Persistent link: https://www.econbiz.de/10011042972
Consider the following social choice problem. A group of individuals seek to classify the elements of X as belonging in one of two sets. The individuals may disagree as to how the elements of X should be classified, and so an aggregation rule is applied to determine a compromise outcome. We...
Persistent link: https://www.econbiz.de/10011011303
In the literature on judgment aggregation, an important open question is how to measure the distance between any two judgment sets. This is relevant for issues of social choice: if two individuals hold different beliefs then we might want to find a compromise that lies somewhere between them. We...
Persistent link: https://www.econbiz.de/10010998953
Persistent link: https://www.econbiz.de/10006011525