Preference aggregation theory without acyclicity: The core without majority dissatisfaction
Abstract
Acyclicity of individual preferences is a minimal assumption in social choice theory. We replace that assumption by the direct assumption that preferences have maximal elements on a fixed agenda. We show that the core of a simple game is nonempty for all profiles of such preferences if and only if the number of alternatives in the agenda is less than the Nakamura number of the game. The same is true if we replace the core by the core without majority dissatisfaction, obtained by deleting from the agenda all the alternatives that are non-maximal for all players in a winning coalition. Unlike the core, the core without majority dissatisfaction depends only on the players' sets of maximal elements and is included in the union of such sets. A result for an extended framework gives another sense in which the core without majority dissatisfaction behaves better than the core.Download Info
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Bibliographic Info
Article provided by Elsevier in its journal Games and Economic Behavior.
Volume (Year): 72 (2011)
Issue (Month): 1 (May)
Pages: 187-201
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Web page: http://www.elsevier.com/locate/inca/622836
Related research
Keywords: Core Nakamura number Kappa number Simple games Voting games Maximal elements Acyclic preferences Limit ordinals;Other versions of this item:
- Kumabe, Masahiro & Mihara, H. Reiju, 2008. "Preference aggregation theory without acyclicity: The core without majority dissatisfaction," MPRA Paper 11728, University Library of Munich, Germany.
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Kumabe, Masahiro & Mihara, H. Reiju, 2006.
"Computability of simple games: A complete investigation of the sixty-four possibilities,"
MPRA Paper
440, University Library of Munich, Germany.
- Kumabe, Masahiro & Mihara, H. Reiju, 2011. "Computability of simple games: A complete investigation of the sixty-four possibilities," Journal of Mathematical Economics, Elsevier, vol. 47(2), pages 150-158, March.
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