The tax rule suggested by Groves and Ledyard is certainly an ingenious one, although there is no indication as to how one might fall upon that specific scheme. If offers Pareto optimal allocations, and in particular, budget balance,if each individual behaves competitively and faces the...

A strong Condorcet winner (SCW) is an alternative, x, that a majority of voters rank higher than z, for every other alternative, z. A weak Condorcet winner (WCW) is an alternative, y, that no majority of voters rank below any other alternative, z, but is not a SCW. There has been some confusion...

The Single Transferable Vote (STV) is an attractive way of achieving representation that is proportional in terms of whatever characteristics of candidates voters value. Increasingly sophisticated methods of implementing STV have been advanced to overcome identified limitations of earlier...

The Single Transferable Vote (STV) is an attractive way of achieving representation that is proportional in terms of whatever characteristics of candidates voters value. Increasingly sophisticated methods of implementing STV have been advanced to overcome identified limitations of earlier...