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- ISIDORE Id: 10670/1.531966...
- halshs: halshs-01415412
- doi: 10.1257/aer.20150678
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Mots-clés
Associations Criteria for Decision-Making under Risk and Uncertainty Unambiguous preferences Pareto dominance Preference aggregation D81 JEL Classification D71 Uncertainty Social choice D - Microeconomics/D.D8 - Information, Knowledge, and Uncertainty/D.D8.D81 - Criteria for Decision-Making under Risk and Uncertainty D - Microeconomics/D.D7 - Analysis of Collective Decision-Making/D.D7.D71 - Social Choice • Clubs • Committees • AssociationsSujets proches
Choice, Social Public choice Collective choiceCiter ce document
Eric Danan et al., « Robust Social Decisions », HALSHS : archive ouverte en Sciences de l’Homme et de la Société, ID : 10.1257/aer.20150678
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Résumé
We propose and operationalize normative principles to guide social decisions when individuals potentially have imprecise and heterogeneous beliefs, in addition to conflicting tastes or interests. To do so we adapt the standard Pareto principle to those preference comparisons that are robust to belief imprecision and characterize social preferences that respect this robust principle. We also characterize a suitable restriction of this principle. The former principle provides stronger guidance when it can be satisfied; when it cannot, the latter always provides minimal guidance.
