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.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 4808

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

Event
Geistige Schöpfung
(who)
Mahajne, Muhammad
Nitzan, Shmuel
Volij, Oscar
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2014

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

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

Time of origin

  • 2014

Other Objects (12)