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Individually-rational collective choice
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Carvajal, Andrés M. (2007) Individually-rational collective choice. Theory and Decision, Vol.62 (No.4). pp. 355-374. doi:10.1007/s11238-007-9027-5 ISSN 0040-5833.
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Official URL: http://dx.doi.org/10.1007/s11238-007-9027-5
Abstract
There is a collection of exogenously given socially-feasible sets, and, for each one of them, each individual in a group chooses from an individually-feasible set. The fact that the product of the individually-feasible sets is larger than the socially-feasible set notwithstanding, there arises no conflict between individual choices. Assuming that individual preferences are random, I characterize rationalizable collective choices.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HB Economic Theory | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Group decision making, Conflict resolution, Consumer economics | ||||
Journal or Publication Title: | Theory and Decision | ||||
Publisher: | Springer Netherlands | ||||
ISSN: | 0040-5833 | ||||
Official Date: | May 2007 | ||||
Dates: |
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Volume: | Vol.62 | ||||
Number: | No.4 | ||||
Page Range: | pp. 355-374 | ||||
DOI: | 10.1007/s11238-007-9027-5 | ||||
Status: | Peer Reviewed | ||||
Access rights to Published version: | Open Access (Creative Commons) | ||||
Copyright Holders: | Springer Netherlands |
Data sourced from Thomson Reuters' Web of Knowledge
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