By Gaertner W.

ISBN-10: 0199565309

ISBN-13: 9780199565306

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Dn ) = +1. Let us suppose that N (1) = N (−1) + m, where m is a positive integer with m ≤ |N | − N (−1). Let us first assume that m = 1 so that N (1) = N (−1)+1. Because of the latter, there exists at least one dk = +1. We now consider another constellation, (d1 , . . , dn ), with di = di for i = k and dk = 0, while dk = 1. Then N (1) = N (−1) for profile (d1 , . . , dn ) which belongs to the domain of g due to condition U , and from the second step we know that g (d1 , . . , dn ) = 0. Positive responsiveness now requires that g (d1 , .

Chapter 8 discusses alternative approaches to bargaining. The underlying idea is that starting from a particular status quo point, people cooperate in order to achieve mutual benefits. The reader will see that there are quite a few substantial differences to the standard social-choice theoretical set-up. But there are also similarities, particularly in relation to the Nash bargaining solution. The latter can be interpreted as the societal outcome of an effort to maximize the product of the net utility gains of all participants.

Interpersonal comparability of different kinds has to be rendered possible. Chapter 8 discusses alternative approaches to bargaining. The underlying idea is that starting from a particular status quo point, people cooperate in order to achieve mutual benefits. The reader will see that there are quite a few substantial differences to the standard social-choice theoretical set-up. But there are also similarities, particularly in relation to the Nash bargaining solution. The latter can be interpreted as the societal outcome of an effort to maximize the product of the net utility gains of all participants.

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A primer in social choice theory by Gaertner W.


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