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Arrovian Aggregation in Economic Environments: How Much Should We Know About Indifference Surfaces?
Fleurbaey, Marc; Suzumura, Kotaro; Tadenuma, Koichi - Center for Intergenerational Studies, Institute of … - 2002
investigate how much information about indifference hypersurfaces is needed to construct social ordering functions satisfying the … weak Pareto principle and anonymity. We show that local information such as marginal rates of substitution or the shapes … "within the Edgeworth box" is not enough, and knowledge of substantially non-local information is necessary. …
Persistent link: https://www.econbiz.de/10005018650
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Arrovian Aggregation in Economic Environments: How Much Should We Know About Indifference Surfaces?
Fleurbaey, Marc; Suzumura, Kotaro; Tadenuma, Koichi - Graduate School of Economics, Hitotsubashi University - 2002
investigate how much information about indifference hypersurfaces is needed to construct social ordering functions satisfying the … weak Pareto principle and anonymity. We show that local information such as marginal rates of substitution or the shapes … "within the Edgeworth box" is not enough, and knowledge of substantially non-local information is necessary. …
Persistent link: https://www.econbiz.de/10004992516
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Quasi-likelihood or extended quasi-likelihood? An information-geometric approach
Vos, Paul - In: Annals of the Institute of Statistical Mathematics 47 (1995) 1, pp. 49-64
Persistent link: https://www.econbiz.de/10005760238
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Refining the information function method : instrument and application
Qin, Dan - In: Czech economic review : acta Universitatis Carolinae … 8 (2014) 1/3, pp. 84-101
Persistent link: https://www.econbiz.de/10010489821
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Health and fairness with other-regarding preferences
Calo-Blanco, Aitor - In: Review of economic design : RED 24 (2020) 3/4, pp. 123-141
Persistent link: https://www.econbiz.de/10012607116
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Preference of Social Choice in Mathematical Economics
Islam, Jamal; Mohajan, Haradhan; Moolio, Pahlaj - Volkswirtschaftliche Fakultät, … - 2008
Mathematical Economics is closely related with Social Choice Theory. In this paper, an attempt has been made to show this relation by introducing utility functions, preference relations and Arrow’s impossibility theorem with easier mathematical calculations. The paper begins with some...
Persistent link: https://www.econbiz.de/10011260951
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Preference of Social Choice in Mathematical Economics
Islam, Jamal Nazrul; Mohajan, Haradhan Kumar; Moolio, Pahlaj - In: Indus Journal of Management & Social Science (IJMSS) 3 (2009) 1, pp. 18-38
Mathematical Economics is closely related with Social Choice Theory. In this paper, an attempt has been made to show this relation by introducing utility functions, preference relations and Arrow’s impossibility theorem with easier mathematical calculations. The paper begins with some...
Persistent link: https://www.econbiz.de/10008492702
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Social Orderings for the Assignment of Indivisible Objects
Maniquet, Francois - School of Social Science, Institute for Advanced Study - 2002
In the assignment problem of indivisible objects with money, we study social ordering functions which satisfy the requirement that social orderings should be independent of changes in preferences over infeasible bundles. We combine this axiom with efficiency, consistency and equity axioms. Our...
Persistent link: https://www.econbiz.de/10005163080
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A Simple Solution to the Problem of Independence of Irrelevant Alternatives in Choo and Siow Marriage Market Model
Gutierrez, Federico H. - 2019
This paper proposes a simple solution to the independence of irrelevant alternatives (IIA) problem in Choo and Siow (2006) model, overcoming what is probably the main limitation of this approach. The solution consists of assuming match-specific rather than choice-specific random preferences. The...
Persistent link: https://www.econbiz.de/10012054557
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Discrete Choice Models for Commuting Interactions
Rouwendal, Jan; Levkovich, Or; Mulalic, Ismir - 2017
is common in the recent literature, and offer no information with respect to the validity of IIA. In particular, we show …
Persistent link: https://www.econbiz.de/10011819460