Optimal collective dichotomous choice under quota constraints
Ruth Ben-Yashar () and
Sarit Kraus
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Ruth Ben-Yashar: Department of Economics, Bar-Ilan University, 52900 Ramat Gan, ISRAEL
Sarit Kraus: Department of Mathematics and Computer Science, Bar-Ilan University,52900 Ramat Gan, ISRAEL
Economic Theory, 2002, vol. 19, issue 4, 839-852
Abstract:
This paper presents optimal collective dichotomous choices under quota constraints. We focus on committees that have to decide whether to accept or reject a set of projects under quota constraints. We provide a method for optimal ranking of projects which is suitable for solving this problem. The main result generalizes a number of earlier results in the subject. To outline the applicability of our method, we demonstrate its usage in the area of information filtering.
Keywords: Decision-making; Committees; Optimal ranking; Quota. (search for similar items in EconPapers)
JEL-codes: D70 D81 (search for similar items in EconPapers)
Date: 2002-02-06
Note: Received: February 14, 2000; revised version: January 19, 2001
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Citations: View citations in EconPapers (14)
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