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Fuzzy Social Choice Theory (Paperback, Softcover reprint of the original 1st ed. 2014)
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Fuzzy Social Choice Theory (Paperback, Softcover reprint of the original 1st ed. 2014)
Series: Studies in Fuzziness and Soft Computing, 315
Expected to ship within 10 - 15 working days
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This book offers a comprehensive analysis of the social choice
literature and shows, by applying fuzzy sets, how the use of fuzzy
preferences, rather than that of strict ones, may affect the social
choice theorems. To do this, the book explores the presupposition
of rationality within the fuzzy framework and shows that the two
conditions for rationality, completeness and transitivity, do exist
with fuzzy preferences. Specifically, this book examines: the
conditions under which a maximal set exists; the Arrow’s theorem;
the Gibbard-Satterthwaite theorem and the median voter theorem.
After showing that a non-empty maximal set does exists for fuzzy
preference relations, this book goes on to demonstrating the
existence of a fuzzy aggregation rule satisfying all five Arrowian
conditions, including non-dictatorship. While the
Gibbard-Satterthwaite theorem only considers individual fuzzy
preferences, this work shows that both individuals and groups can
choose alternatives to various degrees, resulting in a social
choice that can be both strategy-proof and non-dictatorial.
Moreover, the median voter theorem is shown to hold under strict
fuzzy preferences but not under weak fuzzy preferences. By
providing a standard model of fuzzy social choice and by drawing
the necessary connections between the major theorems, this book
fills an important gap in the current literature and encourages
future empirical research in the field.
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