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Weighting waiting in collective decision-making

✍ Scribed by Robert Planqué; Anna Dornhaus; Nigel R. Franks; Tim Kovacs; James A. R. Marshall


Publisher
Springer
Year
2006
Tongue
English
Weight
746 KB
Volume
61
Category
Article
ISSN
0340-5443

No coin nor oath required. For personal study only.


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Collective decision making by committee
✍ A. J. Hughes Hallett 📂 Article 📅 1991 🏛 Springer US 🌐 English ⚖ 777 KB

Implicitly or explicitly, economic decisions always contain elements of compromise. However, the bargaining models of economic theory treat only the two decision maker case with linearly aggregated priorities; i.e. compromise decisions under Pareto optimality and no side payments. Even then the rela