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• W2184002021 abstract "In light of research indicating that individual behavior may violate standard rationality assumptions, we introduce a model of preference aggregation in which neither individual nor collective preferences must satisfy transitivity or other coherence conditions. We introduce an ordinal rationality measure to compare preference relations. Using this measure, we introduce a new axiom, monotonicity, which requires the collective preference to become more rational when the individual preferences become more rational. We show that no collective choice rule satises monotonicity and the standard Arrovian assumptions: unrestricted domain, weak Pareto, independence of irrelevant alternatives, and nondictatorship." @default.
• W2184002021 created "2016-06-24" @default.
• W2184002021 creator A5033736321 @default.
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• W2184002021 date "2014-01-01" @default.
• W2184002021 modified "2023-09-27" @default.
• W2184002021 title "Arrow's Theorem Without Transitivity" @default.
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