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We consider a committee facing a binary decision under uncertainty. Each member holds some private information. Members … states of the world. We characterize the optimal anonymous and deterministic voting rule and provide a homogeneity assumption … on preferences and beliefs under which sincere voting is a Nash equilibrium for this rule. We also provide a necessary …
Persistent link: https://www.econbiz.de/10010281176
We consider a committee facing a binary decision under uncertainty. Each member holds some private information. Members … states of the world. We characterize the optimal anonymous and deterministic voting rule and provide a homogeneity assumption … on preferences and beliefs under which sincere voting is a Nash equilibrium for this rule. We also provide a necessary …
Persistent link: https://www.econbiz.de/10005649510
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Condorcet set: the set of logically consistent views which agree with the majority in as many issues as possible. Any element of … the issues are decided; this is called path dependence. We investigate the size and structure of the Condorcet set ---and …
Persistent link: https://www.econbiz.de/10009220102
What is the meaning of "majoritarianism" as a principle of democratic group decision-making in a judgement aggregation problem, when the propositionwise majority view is logically inconsistent? We argue that the majoritarian ideal is best embodied by the principle of "supermajority efficiency"...
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