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Domain conditions and social rationality

This book primarily focuses on the domain conditions under which a number of important classes of binary social decision rules give rise to rational social preferences. One implication of the Arrow and Gibbard theorems is that every non-oligarchic social decision rule that satisfies the condition of...

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Autor principal: Jain, Satish Kumar
Lenguaje:eng
Publicado: Springer 2019
Materias:
Acceso en línea:https://dx.doi.org/10.1007/978-981-13-9672-4
http://cds.cern.ch/record/2700092
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author Jain, Satish Kumar
author_facet Jain, Satish Kumar
author_sort Jain, Satish Kumar
collection CERN
description This book primarily focuses on the domain conditions under which a number of important classes of binary social decision rules give rise to rational social preferences. One implication of the Arrow and Gibbard theorems is that every non-oligarchic social decision rule that satisfies the condition of independence of irrelevant alternatives, a requirement crucial for the unambiguity of social choices, and the weak Pareto criterion fails to generate quasi-transitive social preferences for some configurations of individual preferences. The problem is exemplified by the famous voting paradox associated with the majority rule. Thus, in the context of rules that do not give rise to transitive (quasi-transitive) social preferences for every configuration of individual preferences, an important problem is that of formulating Inada-type necessary and sufficient conditions for transitivity (quasi-transitivity). This book formulates conditions for transitivity and quasi-transitivity for several classes of social decision rules, including majority rules, non-minority rules, Pareto-inclusive non-minority rules, and social decision rules that are simple games. It also analyzes in detail the conditions for transitivity and quasi-transitivity under the method of the majority decision, and derives the maximally sufficient conditions for transitivity under the class of neutral and monotonic binary social decision rules and one of its subclasses. The book also presents characterizations of some of the classes of rules for which domain conditions have been derived. The material covered is relevant to anyone interested in studying the structure of voting rules, particularly those interested in social choice theory. Providing the necessary social choice theoretic concepts, definitions, propositions and theorems, the book is essentially self-contained. The treatment throughout is rigorous, and unlike most of the literature on domain conditions, care is taken regarding the number of individuals in the 'necessity' proofs. As such it is an invaluable resource for students of economics and political science, with takeaways for everyone – from first-year postgraduates to more advanced doctoral students and scholars.
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spelling cern-27000922021-04-21T18:15:33Zdoi:10.1007/978-981-13-9672-4http://cds.cern.ch/record/2700092engJain, Satish KumarDomain conditions and social rationalityMathematical Physics and MathematicsThis book primarily focuses on the domain conditions under which a number of important classes of binary social decision rules give rise to rational social preferences. One implication of the Arrow and Gibbard theorems is that every non-oligarchic social decision rule that satisfies the condition of independence of irrelevant alternatives, a requirement crucial for the unambiguity of social choices, and the weak Pareto criterion fails to generate quasi-transitive social preferences for some configurations of individual preferences. The problem is exemplified by the famous voting paradox associated with the majority rule. Thus, in the context of rules that do not give rise to transitive (quasi-transitive) social preferences for every configuration of individual preferences, an important problem is that of formulating Inada-type necessary and sufficient conditions for transitivity (quasi-transitivity). This book formulates conditions for transitivity and quasi-transitivity for several classes of social decision rules, including majority rules, non-minority rules, Pareto-inclusive non-minority rules, and social decision rules that are simple games. It also analyzes in detail the conditions for transitivity and quasi-transitivity under the method of the majority decision, and derives the maximally sufficient conditions for transitivity under the class of neutral and monotonic binary social decision rules and one of its subclasses. The book also presents characterizations of some of the classes of rules for which domain conditions have been derived. The material covered is relevant to anyone interested in studying the structure of voting rules, particularly those interested in social choice theory. Providing the necessary social choice theoretic concepts, definitions, propositions and theorems, the book is essentially self-contained. The treatment throughout is rigorous, and unlike most of the literature on domain conditions, care is taken regarding the number of individuals in the 'necessity' proofs. As such it is an invaluable resource for students of economics and political science, with takeaways for everyone – from first-year postgraduates to more advanced doctoral students and scholars.Springeroai:cds.cern.ch:27000922019
spellingShingle Mathematical Physics and Mathematics
Jain, Satish Kumar
Domain conditions and social rationality
title Domain conditions and social rationality
title_full Domain conditions and social rationality
title_fullStr Domain conditions and social rationality
title_full_unstemmed Domain conditions and social rationality
title_short Domain conditions and social rationality
title_sort domain conditions and social rationality
topic Mathematical Physics and Mathematics
url https://dx.doi.org/10.1007/978-981-13-9672-4
http://cds.cern.ch/record/2700092
work_keys_str_mv AT jainsatishkumar domainconditionsandsocialrationality