The reasonable man — a social choice approach |
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| Authors: | Ariel Rubinstein |
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| Affiliation: | 1. Department of Economics, The Hebrew University, Jerusalem, Israel
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| Abstract: | Most legal systems rely heavily on the notion of the reasonable man. Here an attempt is made to analyze the reasonable man in a social choice model. The main argument is that if the reasonable man satisfies a certain set of axioms, he essentially coincides with one of the individuals, both in terms of his preferences and in terms of his expectations. |
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