Abstract

We consider functions that assign to each evaluation profile a preference system or a list of menu-dependent preferences. The rule by which such an assignment takes place is said to be a menu-dependent preference functional (MDPFL). We extend the concepts of invariance under individual cardinal transformations, weak Pareto, binary independence, weak dictatorship, and veto power from the context of social welfare functional to our framework of MDPFLs. We consider admissible sets of evaluation profiles that are slightly more general than necessarily requiring that all evaluation profiles be admissible. We introduce the concepts of nested and nested* MDPFLs. Our first result says that a nested MDPFL that is invariant under individual transformations, globally weakly Paretian, and satisfies global binary independence must be weakly dictatorial. Our second result says that a nested* MDPFL that is invariant under individual transformations, globally weakly Paretian, and satisfies global binary independence must have an individual/criterion that wields veto power.

Highlights

  • As indicated by Rubinstein (2012), “when a rational decision maker forms a preference relation, it is often on the basis of more primitive relations

  • We extend the concepts of invariance under individual cardinal transformations, weak Pareto, binary independence, weak dictatorship, and veto power from the context of social welfare functional to our framework of menu-dependent preference functional (MDPFL)

  • Our first result says that a nested MDPFL that is invariant under individual cardinal transformations, is globally weakly Paretian, and satisfies global binary independence must be weakly dictatorial

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Summary

Introduction

As indicated by Rubinstein (2012), “when a rational decision maker forms a preference relation, it is often on the basis of more primitive relations. To study the results in the original Arrowian framework (which is precisely what Cato (2014) does) using evaluation functions, we would have to require the MDPFL to satisfy the property of assigning the same preference system to any two evaluation profiles, where the two evaluation functions of the individual/criteria were strictly increasing transformations of each other.The Sen (1970) framework, in which our discussion is located, requires the MDPFL to use merj.scholasticahq.com more information contained in the evaluation profile than what the Arrowian framework used by Cato (2014) would require.

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