Arbeitspapier

Level r Consensus and Stable Social Choice

We propose the concept of level r consensus as a useful property of a preference profile which considerably enhances the stability of social choice. This concept involves a weakening of unanimity, the most extreme form of consensus. It is shown that if a preference profile exhibits level r consensus around a given preference relation, the associated majority relation is transitive. In addition, the majority relation coincides with the preference relation around which there is such consensus. Furthermore, if the level of consensus is sufficiently strong, the Condorcet winner is chosen by all the scoring rules. Level r consensus therefore ensures the Condorcet consistency of all scoring rules, thus eliminating the tension between decision rules inspired by ranking-based utilitarianism and the majority rule.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 4808

Klassifikation
Wirtschaft
Social Choice; Clubs; Committees; Associations
Thema
social choice
unanimity
consensus
preference aggregation rules
transitivity
simple majority
scoring rules
invariance to rule selection

Ereignis
Geistige Schöpfung
(wer)
Mahajne, Muhammad
Nitzan, Shmuel
Volij, Oscar
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Mahajne, Muhammad
  • Nitzan, Shmuel
  • Volij, Oscar
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2014

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