Arrovian Aggregation Models formatIsbn:Softcover - 9781441950796 unterschiedlichen Elemente im Vergleich mit
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Arrovian Aggregation Models formatIsbn:Softcover - 9781441950796 unterschiedlichen Elemente im Vergleich mitAggregation of individual opinions into a social decision is a problem widely observed in everyday life. For centuries people tried to invent the `best' aggregation rule. In 1951 young American scientist and future Nobel Prize winner Kenneth Arrow formulated the problem in an axiomatic way, i. e., he specified a set of axioms which every reasonable aggregation rule has to satisfy, and obtained that these axioms are inconsistent. This result, often
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