leading to a social preference for x over z over y over w.
The woman presumably asked for her card back so she could change her preference for another candidate.
Those three candidates are no longer in the contest, so the second preference votes for those candidates are added to the first preference votes for the others.
They do slightly better under a minimal electoral reform, called the Alternative Vote (AV), whereby voters are given a second preference vote as well as their first preference vote.
The formation of a preference, she maintains, is an action.
Modal preference logic has further extensions with natural connections to games.
In terms of resolvability, there are three major types of preference incompleteness.
In the simplest case, with a cyclical preference A≻B≻C≻A, CB(A,B,C) = CL(A,B,C) = ∅.
Kaplow and Shavell include the agent’s moral concerns in this extended preference ordering.
Preference is linked to hypothetical choice, and choice to revealed preference.
It is a basic preference, unlike, say, the preference for blondness or buttock size.
In practical decision making, there are often several preference relations that have to be taken into account.
In economics, the revealed preference approach has been used to define preference in terms of choice.
(Influence may be set to zero, in which case the conditional preference ordering collapses to the categorical preference ordering to standard RPT.)
In other words, they assume that a total preference relation is uniquely determined by the partial preference relations through a process of aggregation.
For a domain of options we speak of an agent’s preference ordering, this being the ordering of options that is generated by the agent’s preference between any two options in that domain.
A preference aggregation rule, F, is a function that assigns to each profile
Preference semantics raises an opportunity for formulating and proving representation theorems relating conditions over preference relations to properties of the abstract consequence relation.
Thus an action can be preference altruistic even if the agent’s preference for improving someone else’s welfare is an instrumental preference engendered by the belief that improving the recipient’s welfare will contribute to the agent’s own pleasure or treasure.
At the heart of social choice theory is the analysis of preference aggregation, understood as the aggregation of several individuals' preference rankings of two or more social alternatives into a single, collective preference ranking (or choice) over these alternatives.
preference
noun feeling
- a strong liking
Example: my own preference is for good literature
noun cognition
- a predisposition in favor of something
noun cognition
- the right or chance to choose
noun attribute
- grant of favor or advantage to one over another (especially to a country or countries in matters of international trade, such as levying duties)
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