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In this paper, we consider a natural procedure of decision-making, called a “Grouping Choice Method”, which leads to a kind of bounded rational choices. In this procedure a decision-maker (DM) first divides the set of available alternatives into some groups and in each group she chooses...
Persistent link: https://www.econbiz.de/10011015074
In this paper, we consider a natural procedure of decision-making, called a “Grouping Choice Method”, which leads to a kind of bounded rational choices. In this procedure a decision-maker (DM) first divides the set of available alternatives into some groups and in each group she chooses the...
Persistent link: https://www.econbiz.de/10011015102
We propose the concept of a universal social ordering, defined on the set of pairs of an allocation and a preference profile of any finite population. It is meant to unify evaluations and comparisons of social states with populations of possibly different sizes with various characteristics. The...
Persistent link: https://www.econbiz.de/10008609700
In two-sided matching problems, we consider “natural” changes in preferences of agents in which only the rankings of current partners are enhanced. We introduce two desirable properties of matching rules under such rank-enhancements of partners. One property requires that an agent who...
Persistent link: https://www.econbiz.de/10010994709
We study how to evaluate allocations independently of individual preferences over unavailable commodities. We prove impossibility results suggesting that such evaluations encounter serious difficulties. This is related to the well-known problem of performing international comparisons of standard...
Persistent link: https://www.econbiz.de/10008790376
Persistent link: https://www.econbiz.de/10012090793
In two-sided matching problems, we consider “natural” changes in preferences of agents in which only the rankings of current partners are enhanced. We introduce two desirable properties of matching rules under such rankenhancements of partners. One property requires that an agent who becomes...
Persistent link: https://www.econbiz.de/10008635655
In two-sided matching problems, we consider “natural” changes in preferences of agents in which only the rankings of current partners are enhanced. We introduce two desirable properties of matching rules under such rankenhancements of partners. One property requires that an agent who becomes...
Persistent link: https://www.econbiz.de/10008635656