Min, max, and sum
成果类型:
Article
署名作者:
Segal, U; Sobel, J
署名单位:
Boston College; University of California System; University of California San Diego
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.2001.2859
发表日期:
2002
页码:
126-150
关键词:
摘要:
This paper provides characterization theorems for preferences that can be represented by U(x(1),..., x(n)) = min{X-k}, U(x(1),..., x(n)) = max {x(k)}, U(X-1,..., x(n)) = Sigmau(x(k)), or combinations of these functionals. The main assumption is partial separability, where changing a common component of two vectors does not reverse strict preferences, but may turn strict preferences into indifference. We discuss applications of our results to social choice. (C) 2002 Elsevier Science (USA).
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