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| Type | Working Paper |
| Scope | Discipline-based scholarship |
| Title | Interpreting the will of the people: social preferences over ordinal outcomes |
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| Institution | University of Zurich |
| Series Name | Working paper series / Department of Economics |
| Number | 395 |
| ISSN | 1664-705X |
| Number of Pages | 94 |
| Date | 2024 |
| Abstract Text | We investigate the nature of social preferences when a decision maker's information is limited to group members' ordinal rankings. By studying choices made on behalf of others, we identify social choice rules that embody the normative values decision makers implicitly favor. Few people are attracted to majority or plurality rule as a normative principle. Most favor scoring rules that promote compromise. People evaluate relative sacrifice by inferring cardinal utility from ordinal ranks, but also care about ranks intrinsically. Cluster analysis reveals that our social preference classification is comprehensive. Ordinal aggregation principles are stable across domains and countries with divergent traditions. |
| Other Identification Number | merlin-id:21533 |
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| Keywords | Experiment, welfare economics, social choice, Borda, Condorcet |
| Additional Information | Revised version ; Former title: Interpreting the will of the people: a positive analysis of ordinal preference aggregation |