A Note on a Group Preference Axiomatization with Cardinal Utility
| Main Author: | |
|---|---|
| Publication Date: | 2012 |
| Other Authors: | |
| Format: | Article |
| Language: | eng |
| Source: | Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
| Download full: | http://hdl.handle.net/10400.19/2592 |
Summary: | Kenneth Arrow’s work on social welfare proposed a set of conditions that a function to aggregate ordinal preferences of the members of a group should satisfy, proving that it was not possible to satisfy all these assumptions simultaneously. Later, Ralph Keeney adapted these conditions and proposed a cardinal utility axiomatization for the problem of aggregating the utility functions. This note discusses in particular the condition of nondictatorship. It proposes stronger formulations for this condition to limit the maximum influence that an individual can have, and it presents the corresponding characterization of compliant group cardinal utility functions. An extension to address coalitions of individuals acting strategically is also discussed. |
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A Note on a Group Preference Axiomatization with Cardinal Utilitygroup utility functionsmultiattribute utility theoryadditive modelKenneth Arrow’s work on social welfare proposed a set of conditions that a function to aggregate ordinal preferences of the members of a group should satisfy, proving that it was not possible to satisfy all these assumptions simultaneously. Later, Ralph Keeney adapted these conditions and proposed a cardinal utility axiomatization for the problem of aggregating the utility functions. This note discusses in particular the condition of nondictatorship. It proposes stronger formulations for this condition to limit the maximum influence that an individual can have, and it presents the corresponding characterization of compliant group cardinal utility functions. An extension to address coalitions of individuals acting strategically is also discussed.Instituto Politécnico de ViseuDias, LuísSarabando, Paula2015-02-06T10:25:32Z20122012-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.19/2592eng1545-8490info:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2025-03-06T13:57:19Zoai:repositorio.ipv.pt:10400.19/2592Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-29T00:10:32.098436Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse |
| dc.title.none.fl_str_mv |
A Note on a Group Preference Axiomatization with Cardinal Utility |
| title |
A Note on a Group Preference Axiomatization with Cardinal Utility |
| spellingShingle |
A Note on a Group Preference Axiomatization with Cardinal Utility Dias, Luís group utility functions multiattribute utility theory additive model |
| title_short |
A Note on a Group Preference Axiomatization with Cardinal Utility |
| title_full |
A Note on a Group Preference Axiomatization with Cardinal Utility |
| title_fullStr |
A Note on a Group Preference Axiomatization with Cardinal Utility |
| title_full_unstemmed |
A Note on a Group Preference Axiomatization with Cardinal Utility |
| title_sort |
A Note on a Group Preference Axiomatization with Cardinal Utility |
| author |
Dias, Luís |
| author_facet |
Dias, Luís Sarabando, Paula |
| author_role |
author |
| author2 |
Sarabando, Paula |
| author2_role |
author |
| dc.contributor.none.fl_str_mv |
Instituto Politécnico de Viseu |
| dc.contributor.author.fl_str_mv |
Dias, Luís Sarabando, Paula |
| dc.subject.por.fl_str_mv |
group utility functions multiattribute utility theory additive model |
| topic |
group utility functions multiattribute utility theory additive model |
| description |
Kenneth Arrow’s work on social welfare proposed a set of conditions that a function to aggregate ordinal preferences of the members of a group should satisfy, proving that it was not possible to satisfy all these assumptions simultaneously. Later, Ralph Keeney adapted these conditions and proposed a cardinal utility axiomatization for the problem of aggregating the utility functions. This note discusses in particular the condition of nondictatorship. It proposes stronger formulations for this condition to limit the maximum influence that an individual can have, and it presents the corresponding characterization of compliant group cardinal utility functions. An extension to address coalitions of individuals acting strategically is also discussed. |
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2012 |
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2012 2012-01-01T00:00:00Z 2015-02-06T10:25:32Z |
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info:eu-repo/semantics/publishedVersion |
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info:eu-repo/semantics/article |
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article |
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http://hdl.handle.net/10400.19/2592 |
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eng |
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eng |
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1545-8490 |
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application/pdf |
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