Arrovian impossibilities in aggregating preferences over non-resolute outcomes

Küçük Resim Yok

Tarih

2008

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Springer

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

Let A be a set of alternatives whose power set is (A) under bar. Elements of (A) under bar are interpreted as non-resolute outcomes. We consider the aggregation of preference profiles over (A) under bar into a (social) preference over (A) under bar. In case we allow individuals to have any complete and transitive preference over (A) under bar, Arrow's impossibility theorem naturally applies. However, the Arrovian impossibility prevails, even when the set of admissible preferences over A is severely restricted. In fact, we identify a mild regularity condition which ensures the dictatoriality of a domain. Regularity is compatible with almost all standard extension axioms of the literature. Thus, we interpret our results as the strong prevalence of Arrow's impossibility theorem in aggregating preferences over non-resolute outcomes.

Açıklama

Anahtar Kelimeler

Social-Welfare Functions, Ranking Opportunity Sets, Ordinal Probabilities, Voting Procedures, Choice Functions, Strategy-Proof, Majority-Rule, Power Set, Manipulation, Extension

Kaynak

Social Choice and Welfare

WoS Q Değeri

Q3

Scopus Q Değeri

Q1

Cilt

30

Sayı

3

Künye