2 papers
econ.TH2026
Rational Bargaining: Characterization and Implementation
Philipp Peitler
The von Neumann-Morgenstern axioms are uncontroversial desiderata for individual decision-making. We say that a bargaining solution is rational if it can be interpreted as the most…
econ.TH2026
Putting Context into Preference Aggregation
Philipp Peitler, Karl H. Schlag
The axioms underlying Arrow's impossibility theorem are very restrictive in terms of what can be used when aggregating preferences. Social preferences may not depend on the menu no…