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This paper analyzes the optimal size of a deliberating committee where (i) there is no conflict of interest among individuals and (ii) information acquisition is costly. The committee members simultaneously decide whether to acquire information, and then make the ex-post efficient decision. The...
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and argue that instead utilitarian, i.e. cardinal social choice theory is relevant for voting. I show that justifications …Utilitarian voting (UV) is defined in this paper as any voting rule that allows the voter to rank all of the … alternatives by means of the scores permitted under a given voting scale. Specific UV rules that have been proposed are approval …
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The paper challenges the "orthodox doctrine" of collective choice theory according to which Arrow's "general … possibility theorem" precludes rational decision procedures generally and implies that in particular all voting procedures must be … flawed. I point out that all voting procedures are cardinal and that Arrow's result, based on preference orderings cannot …
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In his seminal Social Choice and Individual Values, Kenneth Arrow stated that his theory applies to voting. Many voting … theorists have been convinced that, on account of Arrow's theorem, all voting methods must be seriously flawed. Arrow's theory … theory leaves k to be determined on pragmatic grounds. A (1,0) scale gives approval voting. I prefer the scale (1,0,-1) and …
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