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The "doctrinal paradox", also called "discursive dilemma", shows that the aggregation of judgements held by different individuals is problematic and can lead to group-level inconsistencies, although each individual is consistent. This aggregation problem has intuitive similarities with the...
Persistent link: https://www.econbiz.de/10011904650
The paper presents a new framework to assess firm level heterogeneity and to study the rate and direction of technical change. Building on the analysis of revealed short-run production functions by Hildenbrand (1981), we propose the (normalized) volume of the zonotope composed by vectors-firms...
Persistent link: https://www.econbiz.de/10010883451
We present a geometric model of social choice among bundles of interdependent elements, that we will call objects. We show that the outcome of the social choice process is highly dependent on the way these bundles are formed. By bundling and unbundling the same set of constituent elements an...
Persistent link: https://www.econbiz.de/10010883455
Suppose R is the complement of an essential arrangement of toric hyperlanes in the complex torus and ? = ?1(R). We show that H*(R;A) vanishes except in the top degree n when A is one of the following systems of local coefficients: (a) a system of nonresonant coefficients in a complex line...
Persistent link: https://www.econbiz.de/10009367343
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A toric arrangement is a finite set of hypersurfaces in a complex torus, every hypersurface being the kernel of a character. In the present paper we build a CW-complex <b>S</b> homotopy equivalent to the arrangement complement <b>ℜ<SUB>x</SUB></b>, with a combinatorial description similar to that of the well-known...</sub>
Persistent link: https://www.econbiz.de/10008455363
In this paper we develop on a geometric model of social choice among bundles of interdependent elements (objects). Social choice can be seen as a process of search for optima in a complex multi- dimensional space and objects determine a decomposition of such a space into subspaces. We present a...
Persistent link: https://www.econbiz.de/10010699558
Marengo and Pasquali (2008) present a model of object construction in majority voting and show that, in general, by appropriate changes of such bundles, different social outcomes may be obtained. In this paper we extend and generalize this approach by providing a geometric model of individual...
Persistent link: https://www.econbiz.de/10005481676