Hybrid Invariance and Oligarchic Structures
Sususmu Cato ()
The B.E. Journal of Theoretical Economics, 2018, vol. 18, issue 1, 12
This study addresses the problem of Arrovian preference aggregation. Social rationality plays a crucial role in the standard Arrovian framework. However, no assumptions on social rationality are imposed here. Social preferences are allowed to be any binary relation (possibly incomplete and intransitive). We introduce the axiom of hybrid invariance, which requires that if social preferences under two preference profiles make the same judgment, then a social preference under a “hybrid” of the two profiles must extend the original judgment in a certain way. Then, we characterize the structure of decisive coalitions under hybrid invariance.
Keywords: social choice; Arrow’s impossibility theorem; filter; hybrid invariance; Oligarchy (search for similar items in EconPapers)
JEL-codes: D71 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://www.degruyter.com/view/j/bejte.2018.18.iss ... -0145.xml?format=INT (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bpj:bejtec:v:18:y:2018:i:1:p:12:n:16
Ordering information: This journal article can be ordered from
Access Statistics for this article
The B.E. Journal of Theoretical Economics is currently edited by Burkhard C. Schipper
More articles in The B.E. Journal of Theoretical Economics from De Gruyter
Bibliographic data for series maintained by Peter Golla ().