A Note on a Group Preference Axiomatization with Cardinal Utility

Detalhes bibliográficos
Autor(a) principal: Dias, Luís
Data de Publicação: 2012
Outros Autores: Sarabando, Paula
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.19/2592
Resumo: 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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spelling 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.Repositório Científico do 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/10400.19/2592eng1545-8490metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-01-16T15:25:56Zoai:repositorio.ipv.pt:10400.19/2592Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:41:44.668983Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
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 Repositório Científico do 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.
publishDate 2012
dc.date.none.fl_str_mv 2012
2012-01-01T00:00:00Z
2015-02-06T10:25:32Z
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dc.language.iso.fl_str_mv eng
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