19-25 June 2011
Bled, Slovenia
Europe/Ljubljana timezone
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Axiomatic characterization of location functions

Presented by Dr. Henry Martyn MULDER
Type: Oral presentation
Track: Metric Graph Theory


Since Kenneth Arrow’s ground breaking work on consensus in 1951 this has been a major area in mathematical economics: how to reach consensus in a rational way. This is modeled by a consensus function that satisfies certain natural and intuitively pleasing axioms. We survey recent and new results on a special type of consensus: finding an optimal location, such as the center, the median, and the mean.


Location: Bled, Slovenia
Address: Best Western Hotel Kompas Bled

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