Read e-book online Aggregation and Representation of Preferences: Introduction PDF

By Andranick S. Tanguiane

ISBN-10: 3642765165

ISBN-13: 9783642765162

ISBN-10: 3642765181

ISBN-13: 9783642765186

Aggregation is the conjunction of knowledge, aimed toward its compact represen­ tation. Any time whilst the totality of knowledge is defined by way of normal­ ized signs, traditional counts, average representatives and attribute dependences, one at once or in some way bargains with aggregation. It comprises revealing the main major features and precise gains, quanti­ tative and qualitative research. therefore, the knowledge turns into adaptable for extra processing and handy for human belief. Aggregation is widespread in economics, facts, administration, making plans, procedure research, and lots of different fields. because of this aggregation is so vital in information seasoned­ cessing. Aggregation of personal tastes is a specific case of the final challenge of ag­ gregation. It arises in multicriteria decision-making and collective selection, while a collection of possible choices needs to be ordered with admire to contradicting standards, or quite a few person critiques. even though, inspite of obvious similarity the issues of multicriteria decision-making and collective selection are slightly assorted. certainly, an development in a few requisites on the fee of aggravate­ ing others isn't the comparable because the delight of pursuits of a few participants to the bias of the remainder. within the former case the reciprocal compensations are thought of inside of a definite entirety; within the latter we infringe upon the rights of self sustaining members. furthermore, in multicriteria decision-making one usu­ best friend takes under consideration target components, while in collective selection one has to check subjective reviews which can't be measured properly.

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Extra resources for Aggregation and Representation of Preferences: Introduction to Mathematical Theory of Democracy

Example text

Define the open sets U = {z: z E X, (z,y) E P} and V = {z: z E X, (x,z) E Pl. Since by assumption we obtain U c v c = {z: z E X, (x,z) E P} = {z: z E X, (z,x) E R}, and similarly V cue = {z: z E X, (y,z) E R}. Thus for every (z',Z") E U x V we have (z',x) E Rand (y,Z") E R. 13 we obtain (z' ,Z") E P. Therefore, U x V c P. The proved equivalence of the two definitions of continuity of preferences is not valid for partial orders, which are not weak orders. 3. EXAMPLE (No Equivalence of Two Definitions of Continuity for Partial Orders).

However, P as a subset of X X X is not open with respect to the product topology. Indeed, for all n = 1,2, ... 2) is the following. The former assumes that if one alternative is preferable to another, then the same holds for all pairs of alternatives close to the given two. The latter concerns fluctuations of only one alternative, while the other is supposed to be fixed. As shown by the above example, the transitivity of indifference is essential to derive the former definition from the latter (to separate alternatives into preference classes).

Define a weak order on S to be P = {(x,y): x,y E S, sin.!. } y x (fig 32). Since the sets . 1 {x : x E S ,sm x . I} > sm 0 x 42 2 PREFERENCES AND GOAL FUNCTIONS and . 1 { x : x E S ,sm 0 x . 1} > sm x are open in S for every XO E S, the weak order P is continuous on S. We shall show that there is no continuous weak order on X, coinciding with P on S. e. that there exists such a weak order P'. Let R' be dual to P'. Define two sequences and Put and Note that (xn, A) E P' C R' and (B,Yn) E P' c R' for all n = 1,2 ....

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Aggregation and Representation of Preferences: Introduction to Mathematical Theory of Democracy by Andranick S. Tanguiane

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