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Regenwetter and Grofman [17] offer a probabilistic generalization of Sen's [25, 27] classic value restriction condition when individual preferences are linear orders. They provide necessary and sufficient conditions for transitive majority preferences on linear orders. They call these conditions...
Persistent link: https://www.econbiz.de/10005369307
For centuries, the mathematical aggregation of preferences by groups, organizations or society has received keen interdisciplinary attention. Extensive 20th century theoretical work in Economics and Political Science highlighted that competing notions of “rational social choice”...
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Approval voting is the voting method recently adopted by the Society for Social Choice and Welfare. Positional voting methods include the famous plurality, antiplurality, and Borda methods. We extend the inference framework of Tsetlin and Regenwetter (2003) from majority rule to approval voting...
Persistent link: https://www.econbiz.de/10005752853
"Subset voting" denotes a choice situation where one fixed set of choice alternatives (candidates, products) is offered to a group of decision makers, each of whom is requested to pick a subset containing any number of alternatives. In the context of subset voting we merge three choice...
Persistent link: https://www.econbiz.de/10005752949
While majority cycles may pose a threat to democratic decision making, actual decisions based inadvertently upon an incorrect majority preference relation may be far more expensive to society. We study majority rule both in a statistical sampling and a Bayesian inference framework. Based on any...
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From a practical perspective, (arguably) most consumer decisions are not made in isolation of the households in which consumers are inserted, yet we commonly treat them econometrically as if they were. The purpose of this workshop was to take some initial steps in defining needed research in...
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