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Rules for aggregating information
Authors:Christopher P Chambers  Alan D Miller
Institution:(1) Department of Economics, University of Turku, 20014 Turku, Finland;(2) Department of Economics, Turku School of Economics, 20500 Turku, Finland
Abstract:We present a model of information aggregation in which agents’ information is represented through partitions over states of the world. We discuss three axioms, meet separability, upper unanimity, and non-imposition, and show that these three axioms characterize the class of oligarchic rules, which combine all of the information held by a pre-specified set of individuals.
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