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• W2284668844 abstract "This paper studies Arrovian preference aggregation rules–the rules satisfying weak Pareto and Arrow’s independence of irrelevant alternatives (IIA)–when individual preferences are nontransitive due to the existence of psychological thresholds — a problem of perceptible difference. A new domain replaces the universal domain, and rationality requirements of social preferences, i.e., transitivity, quasi-transitivity, and acyclicity with indifference transitivity, are converted into the corresponding versions respectively. We show that the Arrovian impossibilities, i.e., dictator, oligarchy, and vetoer theorems, still survive in this setting." @default.
• W2284668844 created "2016-06-24" @default.
• W2284668844 creator A5010484138 @default.
• W2284668844 creator A5033636583 @default.
• W2284668844 date "2016-03-01" @default.
• W2284668844 modified "2023-09-27" @default.
• W2284668844 title "Arrovian social choice with psychological thresholds" @default.
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• W2284668844 doi "https://doi.org/10.1016/j.jmateco.2016.01.001" @default.
• W2284668844 hasPublicationYear "2016" @default.
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