Academia.eduAcademia.edu

Preferences and Alternatives

Crítica (México D. F. En línea)

AI-generated Abstract

This paper explores the structure of rational preferences in modern economics, sociology, and political science by underscoring the necessity of specifying the set of alternatives. It applies this insight to three key examples: Wollheim's democratic paradox, the Arrovian framework in social decision theory, and the moneypump argument for transitivity of preferences. By broadening the descriptions of states of affairs related to these examples, the work reveals complexities in preference ordering and highlights the implications for democratic decision-making.