Judgment Aggregation by a Boundedly Rational Decision-Maker

Eyal Baharad () and Ruth Ben-Yashar ()
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Eyal Baharad: Bar Ilan University
Ruth Ben-Yashar: Bar Ilan University

Group Decision and Negotiation, 2021, vol. 30, issue 4, No 8, 903-914

Abstract: Abstract This study identifies a new optimal decision rule in a general pairwise choice framework, taking into account behavioral aspects where subjective probabilities are assumed. The optimal rule under such a setting is compared to the one identified where behavioral considerations are not incorporated into the model.

Keywords: Judgment aggregation; Optimal rule; Subjective probabilities (search for similar items in EconPapers)
JEL-codes: D7 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s10726-021-09740-3

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