Graduate studies at Western
|Abstract||Consider a group of people whose preferences satisfy the axioms of one of the current versions of utility theory, such as von Neumann-Morgenstern (1944), Savage (1954), or Bolker-Jeﬀrey (1965). There are political and economic contexts in which it is of interest to ﬁnd ways of aggregating these individual preferences into a group preference ranking. The question then arises of whether methods of aggregation exist in which the group’s preferences also satisfy the axioms of the chosen utility theory, and in which at the same time the aggregation process satisﬁes certain plausible conditions (e.g., the Pareto conditions below).|
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