IDEAS home Printed from https://ideas.repec.org/a/eee/matsoc/v57y2009i3p389-405.html
   My bibliography  Save this article

A characterization of the prudent order preference function

Author

Listed:
  • Lamboray, Claude

Abstract

We characterize a preference function that associates a set of prudent orders to a profile of linear orders. First, we prove that the set of prudent orders is the largest set verifying a particular list of axioms. By strengthening these axioms, the prudent order preference function can be fully characterized.

Suggested Citation

  • Lamboray, Claude, 2009. "A characterization of the prudent order preference function," Mathematical Social Sciences, Elsevier, vol. 57(3), pages 389-405, May.
    • Handle: RePEc:eee:matsoc:v:57:y:2009:i:3:p:389-405
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0165-4896(07)00028-5
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Cook, Wade D., 2006. "Distance-based and ad hoc consensus models in ordinal preference ranking," European Journal of Operational Research, Elsevier, vol. 172(2), pages 369-385, July.
    2. Kenneth J. Arrow & Herve Raynaud, 1986. "Social Choice and Multicriterion Decision-Making," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262511754, December.
    3. Barbara, Salvador & Jackson, Matthew, 1988. "Maximin, leximin, and the protective criterion: Characterizations and comparisons," Journal of Economic Theory, Elsevier, vol. 46(1), pages 34-44, October.
    4. Claude Lamboray, 2009. "A prudent characterization of the Ranked Pairs Rule," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 32(1), pages 129-155, January.
    5. Denis Bouyssou & Thierry Marchant & Marc Pirlot & Alexis Tsoukiàs & Philippe Vincke, 2006. "Evaluation and Decision Models with Multiple Criteria," International Series in Operations Research and Management Science, Springer, number 978-0-387-31099-2, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dias, Luis C. & Lamboray, Claude, 2010. "Extensions of the prudence principle to exploit a valued outranking relation," European Journal of Operational Research, Elsevier, vol. 201(3), pages 828-837, March.
    2. Nicolas Houy, 2010. "A characterization of prudent choices," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 34(2), pages 181-192, February.
    3. Constantin Zopounidis & Michael Doumpos, 2013. "Multicriteria decision systems for financial problems," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 21(2), pages 241-261, July.
    4. Azzini, Ivano & Munda, Giuseppe, 2020. "A new approach for identifying the Kemeny median ranking," European Journal of Operational Research, Elsevier, vol. 281(2), pages 388-401.
    5. Franceschini, Fiorenzo & Maisano, Domenico & Mastrogiacomo, Luca, 2016. "A new proposal for fusing individual preference orderings by rank-ordered agents: A generalization of the Yager's algorithm," European Journal of Operational Research, Elsevier, vol. 249(1), pages 209-223.
    6. Khannoussi, Arwa & Meyer, Patrick & Chaubet, Aurore, 2023. "A multi-criteria decision aiding approach for upgrading public sewerage systems and its application to the city of Brest," Socio-Economic Planning Sciences, Elsevier, vol. 87(PA).
    7. Paredes-Frigolett, Harold, 2016. "Modeling the effect of responsible research and innovation in quadruple helix innovation systems," Technological Forecasting and Social Change, Elsevier, vol. 110(C), pages 126-133.
    8. Noelia Rico & Camino R. Vela & Raúl Pérez-Fernández & Irene Díaz, 2021. "Reducing the Computational Time for the Kemeny Method by Exploiting Condorcet Properties," Mathematics, MDPI, vol. 9(12), pages 1-12, June.
    9. Franceschini, Fiorenzo & Maisano, Domenico, 2015. "Checking the consistency of the solution in ordinal semi-democratic decision-making problems," Omega, Elsevier, vol. 57(PB), pages 188-195.
    10. Tsoukias, Alexis, 2008. "From decision theory to decision aiding methodology," European Journal of Operational Research, Elsevier, vol. 187(1), pages 138-161, May.
    11. William Gehrlein, 2002. "Condorcet's paradox and the likelihood of its occurrence: different perspectives on balanced preferences ," Theory and Decision, Springer, vol. 52(2), pages 171-199, March.
    12. Tommaso Agasisti & Giuseppe Munda, 2017. "Efficiency of investment in compulsory education: An Overview of Methodological Approaches," JRC Research Reports JRC106681, Joint Research Centre (Seville site).
    13. González-Arteaga, T. & Alcantud, J.C.R. & de Andrés Calle, R., 2016. "A cardinal dissensus measure based on the Mahalanobis distance," European Journal of Operational Research, Elsevier, vol. 251(2), pages 575-585.
    14. Yeawon Yoo & Adolfo R. Escobedo, 2021. "A New Binary Programming Formulation and Social Choice Property for Kemeny Rank Aggregation," Decision Analysis, INFORMS, vol. 18(4), pages 296-320, December.
    15. Joey Au & Andrew Coleman & Trudy Sullivan, 2015. "A Practical Approach to Well-being Based Policy Development: What Do New Zealanders Want from Their Retirement Income Policies?," Treasury Working Paper Series 15/14, New Zealand Treasury.
    16. Freixas, Josep & Kurz, Sascha, 2013. "The golden number and Fibonacci sequences in the design of voting structures," European Journal of Operational Research, Elsevier, vol. 226(2), pages 246-257.
    17. Giuseppe Munda, 2003. "Social Multi-Criteria Evaluation (SMCE)," UHE Working papers 2003_04, Universitat Autònoma de Barcelona, Departament d'Economia i Història Econòmica, Unitat d'Història Econòmica.
    18. Fujun Hou, 2015. "A Consensus Gap Indicator and Its Application to Group Decision Making," Group Decision and Negotiation, Springer, vol. 24(3), pages 415-428, May.
    19. Matthew O. Jackson & Sanjay Srivastava, 1996. "A Characterization of Game-Theoretic Solutions Which Lead to Impossibility Theorems," Review of Economic Studies, Oxford University Press, vol. 63(1), pages 23-38.
    20. Amidou Kpoumié & Sébastien Damart & Alexis Tsoukiàs, 2012. "Integrating Cognitive Mapping Analysis into Multi-Criteria Decision Aiding," Working Papers hal-00875480, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:matsoc:v:57:y:2009:i:3:p:389-405. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/505565 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.