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A Note on a Group Preference Axiomatization with Cardinal Utility

dc.contributor.authorDias, Luís
dc.contributor.authorSarabando, Paula
dc.date.accessioned2015-02-06T10:25:32Z
dc.date.available2015-02-06T10:25:32Z
dc.date.issued2012
dc.description.abstractKenneth 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.por
dc.identifier.issn1545-8490
dc.identifier.urihttp://hdl.handle.net/10400.19/2592
dc.language.isoengpor
dc.peerreviewedyespor
dc.relationThis work was partially supported by the COMPETE program and the Portuguese Foundation for Science and Technology [Projects FCOMP-01-0124-FEDER-MIT/MCA/0066/2009, MIT/SET/ 0014/2009, PEst-C/EEI/UI0308/2011].por
dc.subjectgroup utility functionspor
dc.subjectmultiattribute utility theorypor
dc.subjectadditive modelpor
dc.titleA Note on a Group Preference Axiomatization with Cardinal Utilitypor
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage237por
oaire.citation.startPage231por
oaire.citation.titleDecision Analysispor
oaire.citation.volume9 (3)por
rcaap.rightsclosedAccesspor
rcaap.typearticlepor

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