The Evolution of Collective Choice Under Majority Rules
A collective choice (or opinion) supported by a majority of individuals is challenged recurrently by a new one in a society. We consider a long-run evolution of collective choice under majority rules by stochastic evolutionary game theory. The Condorcet winner is uniquely a longrun equilibrium for all (super-)majority rules. When the Condorcet winner does not exist, the longrun equilibria under all majority rules belong to the top cycle set. In a multidimensional choice problem where the top cycle set tends to become the whole policy space, a long-run equilibrium belongs to the min-max policy set if the core is non-empty. We show that stochastic evolutionary game theory can mitigate the indeterminacy problem in social choice