Dergiler / Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi / 2001 / Cilt: 2 - Sayı: 2
AN UNCONVENTIONAL CASE OF SOCIALLY RATIONAL AUTONOMY IN A DEMOCRATIC FEDERATION
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Özet
The theorem presented in this paper implies the existence of cases where intransitive autonomous subunit preferences in a democratic federation lead to rational social preferences. Paradoxically, under the same conditions, autonomous subunits with transitive preferences could generate irrational social preferences.
Abstract
The theorem presented in this paper implies the existence of cases where intransitive autonomous subunit preferences in a democratic federation lead to rational social preferences. Paradoxically, under the same conditions, autonomous subunits with transitive preferences could generate irrational social preferences.