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Economic policy depends not only on national elections but also on coalition bargaining strategies. In coalition government, minority parties bargain on policy and form a majority coalition, and select a Prime Minister from their mids. In Holland the latter is done conventionally with Plurality,...
Persistent link: https://www.econbiz.de/10011112692
Economic policy depends not only on national elections but also on coalition bargaining strategies. In coalition government, minority parties bargain on policy and form a majority coalition, and select a Prime Minister from their mids. In Holland the latter is done conventionally with Plurality,...
Persistent link: https://www.econbiz.de/10008530713
This paper investigates ethical aggregation of infinite utility streams by representable social welfare relations. We …
Persistent link: https://www.econbiz.de/10008765931
Two factors influence the resolution of the conflict among infinite generations: the consistency/ethical postulates requested; and the utilities that each generation can possess. We contribute to qualifying the Basu-Mitra approach to this problem, that concerns social welfare functions. Firstly we...
Persistent link: https://www.econbiz.de/10008561158
which indifference is the result of the preference aggregation must be smaller than the frequency with which one of the …
Persistent link: https://www.econbiz.de/10008550052
alternatives. The main axioms are motivated by a principle of binary representativeness: the aggregation of the preferences of n …
Persistent link: https://www.econbiz.de/10008550053
The (relative) majority rule is a benchmark collective decision norm. This paper provides a simple characterization of the majority rule, for the two-alternative case, that relies on the following property: the choice prescribed by the rule to a group I of individuals must be the one that would...
Persistent link: https://www.econbiz.de/10008550057
This paper concerns ethical aggregation of infinite utility streams. Position i is typically interpreted as the …
Persistent link: https://www.econbiz.de/10008506107
This review article introduces and evaluates various ways to aggregate probabilistic opinions of different individuals. For each of these three ways, an axiomatic characterization result is presented (a new one in the case of multiplicative pooling). The three ways satisfy different axioms and...
Persistent link: https://www.econbiz.de/10011111553
This paper aims at presenting a new voting function which is obtained in Balinski-Laraki's framework and benefits mean and median advantages. The so-called Mean-Median Comprise Method (MMCM) has fulfilled criteria such as unanimity, neutrality, anonymity, monotonicity, and Arrow's independence...
Persistent link: https://www.econbiz.de/10011274903