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Within the framework of the axiomatic approach three types of voting schemes are investigated according to the form in which the individual opinions about the alternatives are defined, as well as to the form of desired social decision. These types of rules are Social Decision Rules, Functional...
Persistent link: https://www.econbiz.de/10014023841
We study a problem of individual manipulation in an impartial culture (IC) framework using computer modeling. We estimate the degree of manipulability of ten positional voting rules in the case of multiple choice for 3 and 4 alternatives. -- manipulability ; positional voting rules ; multiple...
Persistent link: https://www.econbiz.de/10009505656
Aggregation of individual opinions into a social decision is a problem widely observed in everyday life. For centuries people tried to invent the `best' aggregation rule. In 1951 young American scientist and future Nobel Prize winner Kenneth Arrow formulated the problem in an axiomatic way,...
Persistent link: https://www.econbiz.de/10013520367