Relaxing IIA and the effect on individual power
We allow departures from IIA in Arrow’s framework. Our measure of the extent of a departure is the amount of information needed to socially order a pair of alternatives. We also propose a measure of the scope of an individual’s power. The scope of at least one individual’s power increases in step with a reduction in the amount of information that has to be gathered to socially order two alternatives. This result is also established for correspondences, which select a subset of the feasible set as a function of individual preferences. Copyright Springer-Verlag Berlin Heidelberg 2013
Volume (Year): 17 (2013)
Issue (Month): 3 (September)
|Contact details of provider:|| Web page: http://link.springer.de/link/service/journals/10058/index.htm|
|Order Information:||Web: http://link.springer.de/orders.htm|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Blau, Julian H, 1971. "Arrow's Theorem with Weak Independence," Economica, London School of Economics and Political Science, vol. 38(152), pages 413-20, November.
- John A. Weymark, 2008.
"Strategy-Proofness and the Tops-Only Property,"
Journal of Public Economic Theory,
Association for Public Economic Theory, vol. 10(1), pages 7-26, 02.
- John A. Weymark, 2004. "Strategy-Proofness and the Tops-Only Property," Vanderbilt University Department of Economics Working Papers 0409, Vanderbilt University Department of Economics, revised Sep 2006.
- Pazner, Elisha A & Schmeidler, David, 1978.
"Egalitarian Equivalent Allocations: A New Concept of Economic Equity,"
The Quarterly Journal of Economics,
MIT Press, vol. 92(4), pages 671-87, November.
- Elisha A. Pazner & David Schmeidler, 1975. "Egalitarian Equivalent Allocations: A New Concept of Economic Equity," Discussion Papers 174, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
When requesting a correction, please mention this item's handle: RePEc:spr:reecde:v:17:y:2013:i:3:p:165-181. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn)or (Christopher F Baum)
If references are entirely missing, you can add them using this form.