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Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such contests can be determined by a designer who is driven by political considerations with a specific political culture. The main objective of this study is to analyze the effect of...
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Direct confrontation between majority rule (MR) and the most in-depth studied scoring rules - the Borda rule (BR) and the plurality rule (PR) - on the basis of their fundamental weaknesses (violating one of the two principles: majoritarianism and suitable recognition of preference intensity) has...
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In this note we study the robustness of optimal organizational architectures, focusing on hierarchies and polyarchies. These two specific architectures are often applied in economic systems and have received considerable attention in the literature. It turns out that the application of these...
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We propose the concept of level r consensus as a useful property of a preference profile which considerably enhances the stability of social choice. This concept involves a weakening of unanimity, the most extreme form of consensus. It is shown that if a preference profile exhibits level r...
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The Condorcet jury theorem (CJT) is the probabilistic foundation that underlies jury decision-making and collective information aggregation at large. It has nonetheless been recognized that Condorcet's adoption of a statistically implausible premise – identical competence among all individuals...
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