Barberà, Salvador; Moreno, Bernardo - Departamento de Teoría e Historia Económica, Facultad … - 2008
When the members of a voting body exhibit single peaked preferences, majority winners exist. Moreover, the median(s) of the preferred alternatives of voters is (are) indeed the majority (Condorcet) winner(s). This important result of Duncan Black (1958) has been crucial in the development of...