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We establish an equivalence between two seemingly different theories: one is the traditional axiomatisation of incomplete preferences on horse lotteries based on the mixture independence axiom; the other is the theory of desirable gambles…

Artificial Intelligence · Computer Science 2018-01-03 Marco Zaffalon , Enrique Miranda

Arrow's Theorem concerns a fundamental problem in social choice theory: given the individual preferences of members of a group, how can they be aggregated to form rational group preferences? Arrow showed that in an election between three or…

Probability · Mathematics 2021-09-27 Frederic Koehler , Elchanan Mossel

In social choice there often arises a conflict between the majority principle (the search for a candidate that is as good as possible for as many voters as possible), and the protection of minority rights (choosing a candidate that is not…

Computer Science and Game Theory · Computer Science 2023-04-06 Egor Ianovski , Aleksei Y. Kondratev

We consider methods for aggregating preferences that are based on the resolution of discrete optimization problems. The preferences are represented by arbitrary binary relations (possibly weighted) or incomplete paired comparison matrices.…

Optimization and Control · Mathematics 2007-05-23 Pavel Chebotarev , Elena Shamis

In many situations when people are assigned to coalitions, the utility of each person depends on the friends in her coalition. Additionally, in many situations, the size of each coalition should be bounded. This paper studies such coalition…

Computer Science and Game Theory · Computer Science 2024-02-14 Chaya Levinger , Noam Hazon , Sofia Simola , Amos Azaria

In the theory of voting, the Plurality rule for preferences that come in the form of linear orders selects the alternatives most frequently appearing in the first position of those orders, while the Anti-Plurality rule selects the…

Computer Science and Game Theory · Computer Science 2026-05-21 Ulle Endriss , Federico Fioravanti

We study coalition formation problems in the presence of externalities, focusing on settings where agents exhibit myopic expectations, that is, they evaluate potential deviations based solely on the immediate outcome, assuming no further…

Theoretical Economics · Economics 2025-07-08 Agustin G. Bonifacio , Maria Haydee Fonseca-Mairena , Pablo Neme

The well-known Condorcet's Jury theorem posits that the majority rule selects the best alternative among two available options with probability one, as the population size increases to infinity. We study this result under an asymmetric…

Computer Science and Game Theory · Computer Science 2024-08-02 Ganesh Ghalme , Reshef Meir

In this work we study preference systems natural for the Peer-to-Peer paradigm. Most of them fall in three categories: global, symmetric and complementary. All these systems share an acyclicity property. As a consequence, they admit a…

Data Structures and Algorithms · Computer Science 2007-05-23 Anh-Tuan Gai , Dmitry Lebedev , Fabien Mathieu , Fabien De Montgolfier , Julien Reynier , Laurent Viennot

Ranking individuals based on their performance in different coalitions is a problem emerging in various domains (teams sports, scientific evaluation, argumentation, etc.). Often, for practical reasons, the number of comparable coalitions is…

Theoretical Economics · Economics 2026-03-19 Takahiro Suzuki , Michele Aleandri , Stefano Moretti

The transitivity of preferences is one of the basic assumptions used in the theory of games and decisions. It is often equated with rationality of choice and is considered useful in building rankings. Intransitive preferences are considered…

Quantum Physics · Physics 2015-06-23 Marcin Makowski , Edward W. Piotrowski , Jan Sładkowski

The core of a game $v$ on $N$, which is the set of additive games $\phi$ dominating $v$ such that $\phi(N)=v(N)$, is a central notion in cooperative game theory, decision making and in combinatorics, where it is related to submodular…

Discrete Mathematics · Computer Science 2008-09-16 Michel Grabisch , Pedro Miranda

Hedonic games provide a general model of coalition formation, in which a set of agents is partitioned into coalitions, with each agent having preferences over which other players are in her coalition. We prove that with additively separable…

Computer Science and Game Theory · Computer Science 2017-06-05 Dominik Peters

The paper reviews some axioms of additivity concerning ranking methods used for generalized tournaments with possible missing values and multiple comparisons. It is shown that one of the most natural properties, called consistency, has…

Computer Science and Game Theory · Computer Science 2015-12-02 László Csató

This paper provides a general characterization of preferences that admit a Richter-Peleg representation without imposing completeness or transitivity. We establish that a binary relation on a nonempty set admits a Richter-Peleg…

Theoretical Economics · Economics 2025-08-13 Leandro Gorno , Paulo Klinger Monteiro

An economy, large or small, has traditionally been defined in terms of an explicit set of agents and an assignment of characteristics to each agent. But when individual agents are negligible, most economically relevant properties of an…

Theoretical Economics · Economics 2026-04-29 Michael Greinecker , Konrad Podczeck

Complexity of the problem of choosing among uncertain acts is a salient feature of many of the environments in which departures from expected utility theory are observed. I propose and axiomatize a model of choice under uncertainty in which…

Theoretical Economics · Economics 2022-10-17 Quitzé Valenzuela-Stookey

We study a variation of the minority game. There are N agents. Each has to choose between one of two alternatives everyday, and there is reward to each member of the smaller group. The agents cannot communicate with each other, but try to…

Trading and Market Microstructure · Quantitative Finance 2015-05-27 Deepak Dhar , V. Sasidevan , Bikas K. Chakrabarti

The well-known Condorcet Jury Theorem states that, under majority rule, the better of two alternatives is chosen with probability approaching one as the population grows. We study an asymmetric setting where voters face varying…

Computer Science and Game Theory · Computer Science 2025-10-22 Reshef Meir , Ganesh Ghalme

The work we present in this paper initiated the formal study of fractional hedonic games, coalition formation games in which the utility of a player is the average value he ascribes to the members of his coalition. Among other settings,…

Computer Science and Game Theory · Computer Science 2017-05-30 Haris Aziz , Florian Brandl , Felix Brandt , Paul Harrenstein , Martin Olsen , Dominik Peters