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The connection between economics and ethics is as old as economics itself, and central to both disciplines. It is an issue that has recently attracted much interest from economists and philosophers. The connection is, in part, a result of the desire of economists to make policy prescriptions,...
Persistent link: https://www.econbiz.de/10008921151
A choice function is a symmetric revealed core if there exists a symmetric irreflexive ‘dominance’ digraph such that choice sets consist precisely of the locally undominated outcomes of the latter. Symmetric revealed pseudocores are similarly defined by omitting the irreflexivity requirement...
Persistent link: https://www.econbiz.de/10008756144
A parameterized characterization of height-based total extensions of principal filtral opportunity rankings is provided and shown to include, as a special case, a version of the well-known Pattanaik-Xu characterization of the cardinality-based ranking. ***** <p>Se presenta una caracterización...</p>
Persistent link: https://www.econbiz.de/10011152887
It is shown that the median voter theorem for committee-decisions holds over a full unimodal preference domain whenever (i) the underlying median interval space satisfi?es interval antiexchange and (ii) unimodality is defi?ned with respect to the incidence-geometry of the relevant outcome space...
Persistent link: https://www.econbiz.de/10011123768
The choice functions that are consistent with selections of VNM-stable sets of an underlying revealed dominance digraph are characterized both under VNM-perfection of the latter and in the general case.
Persistent link: https://www.econbiz.de/10008555375