Another characterization of the majority rule
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Date
2002
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Elsevier Science Sa
Access Rights
info:eu-repo/semantics/closedAccess
Abstract
Given any (finite) society confronting two alternatives, May [Econometrica 20 (1995) 680] characterizes the majority rule in terms of anonymity, neutrality and positive responsiveness. This final condition is usually criticized to be too strong. Thus, we drop it and give a similar characterization in terms of anonymity, neutrality, Pareto optimality and a condition we call weak path independence. (C) 2002 Elsevier Science B.V. All rights reserved.
Description
Keywords
Majority Rule, Choice
Journal or Series
Economics Letters
WoS Q Value
Q4
Scopus Q Value
Q2
Volume
75
Issue
3
