Quesada, Antonio - In: Economics Bulletin 31 (2011) 2, pp. 1757-1764
When preferences are defined over two alternatives, the (relative) majority rule is characterized in terms of the four axioms U, P, I, and G. U is unanimity. P is the condition that the union of two unconcerned (that is, indifferent) groups of individuals creates an unconcerned group. I asserts...