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Dinko Dimitrov, Ruud Hendrickx and Peter Borm |
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''Good and bad objects: the symmetric difference rule'' |
( 2004, Vol. 4 No.11 ) |
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We consider the problem of ranking sets of objects, the members of which are mutually compatible. Assuming that each object is either good or bad, we axiomatically characterize a cardinality-based rule which arises naturally in this dichotomous setting. |
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Keywords: |
JEL: D6 - Welfare Economics: General D7 - Analysis of Collective Decision-Making: General |
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Manuscript Received : May 24 2004 | | Manuscript Accepted : Jun 28 2004 |
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