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| Dan Qin |
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| ''Aggregating quasi-transitive preferences: a note'' |
| ( 2014, Vol. 34 No.2 ) |
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| To examine the consequences of allowing individual to violate full rationality in collective decision making, this article discusses the possibility of aggregating quasi-transitive preferences in the Arrovian framework. Quasi-transitive valued aggregating functions are discussed and characterised. A characterisation of the weak Pareto extension rule is also achieved as a corollary. |
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| Keywords: preference aggregation, quasi-transitivity, veto power, Weak Pareto extension rule |
JEL: D7 - Analysis of Collective Decision-Making: General
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| Manuscript Received : Dec 18 2013 | | Manuscript Accepted : May 08 2014 |
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