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In this paper we are concerned with the following question. Given an extended preference ordering under what conditions does there exist an empirical stochastic/social choice function which generates it? We use Farkas' lemma to obtain a necessary and sufficient condition under which such a...
Persistent link: https://www.econbiz.de/10012987381
We investigate how individuals think groups should aggregate members' ordinal preferences - that is, how they interpret "the will of the people." In an experiment, we elicit revealed attitudes toward ordinal preference aggregation and classify subjects according to the rules they apparently...
Persistent link: https://www.econbiz.de/10012625509
We investigate the implementation of social choice functions (SCFs) from an epistemological perspective. We consider the possibility that in higher-order beliefs there exists an honest agent who is motivated by intrinsic preference for honesty as well as material interest. We assume weak...
Persistent link: https://www.econbiz.de/10013214994
Cerreia-Vioglio, Ghirardato, Maccheroni, Marinacci and Siniscalchi (Economic Theory, 48:341-375, 2011) have recently …-utility preferences are given. A novel proof methodology for special aggregation problems, based on model theory (in the sense of …
Persistent link: https://www.econbiz.de/10010187944
Environments with semi-ordered preferences, which may exhibit indifference intransitivity, are known to allow just-noticeable differences in preference intensity to serve as interpersonally comparable units of utility. I prove two impossibility theorems for social choice in such environments....
Persistent link: https://www.econbiz.de/10013322549
I consider an extension of the Borda count to the case when individuals can have weak preferences, and I show that it satisfies several normatively appealing axioms. The first axiom is an extension to the case of weak preferences of the Modified Independence of Irrelevant Alternatives axiom...
Persistent link: https://www.econbiz.de/10012417574
We consider strategy-proof rules operating on a rich domain of preference profiles in a set up where multiple private goods have to be assigned to a set of agents with entitlements where preferences display satiation. We show that if the rule is in addition "desirable", in that it is tops-only,...
Persistent link: https://www.econbiz.de/10012388747
The paper proves the following result: every path-connected domain of preferences that admits a strategy-proof, unanimous, tops-only random social choice function satisfying a compromise property, is single-peaked. Conversely, every single-peaked domain admits a random social choice function...
Persistent link: https://www.econbiz.de/10011671964
In a voting model where the set of feasible alternatives is a subset of a product set $A = A_1\times\cdots\ldots{}A_m$ of $m$ finite categories, we characterize the set of all strategy-proof social choice functions for three different types of preference domains over $A$, namely for the domains...
Persistent link: https://www.econbiz.de/10011689054
We study strategy-proof rules for choosing between two alternatives. We consider the full preference domain which allows for indifference. In this framework, for strategy proof rules, ontoness does not imply efficiency. We weaken the requirement of efficiency to ontoness and characterizes the...
Persistent link: https://www.econbiz.de/10011756010