A Note on Affine Aggregation
AbstractIf a vector-valued function has convex range and one of its components is related to the others by a Pareto-like condition, that component must be affine w.r.t. the others; sign restrictions on the coefficients follow from suitably strengthening the unanimity condition. The theorem is applied to social choice and decision theories.
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Bibliographic InfoPaper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 1994014.
Date of creation: 01 Mar 1994
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- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
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- Mongin Philippe, 1995.
"Consistent Bayesian Aggregation,"
Journal of Economic Theory,
Elsevier, vol. 66(2), pages 313-351, August.
- John C. Harsanyi, 1955. "Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility," Journal of Political Economy, University of Chicago Press, vol. 63, pages 309.
- repec:fth:louvco:9319 is not listed on IDEAS
- Karni, Edi & Schmeidler, David & Vind, Karl, 1983. "On State Dependent Preferences and Subjective Probabilities," Econometrica, Econometric Society, vol. 51(4), pages 1021-31, July.
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