Title of article
A new characterization of the majority rule
Author/Authors
Gerhard J. Woeginger، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2003
Pages
6
From page
89
To page
94
Abstract
A seminal paper by May [Econometrica 20 (1952) 680] characterizes the majority rule in terms of anonymity, neutrality, and positive responsiveness. Whereas the former two axioms are natural and fairly weak, the positive responsiveness axiom is usually criticized for being too strong. In this note, we provide an alternative characterization of the majority rule in terms of neutrality, Pareto optimality, and a new axiom that we call reducibility to subsocieties.
Keywords
Pareto , IIA , Majority rule
Journal title
Economics Letters
Serial Year
2003
Journal title
Economics Letters
Record number
435271
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