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We study axioms which define "representative democracy" in an environment in which agents vote over a finite set of alternatives. We focus on a property that states that whether votes are aggregated directly or indirectly make no difference. We call this property 'representative consistency'....
Persistent link: https://www.econbiz.de/10005128274
We uncover the complete ordinal implications of supermodularity on finite lattices under the assumption of weak monotonicity. In this environment, we show that supermodularity is ordinally equivalent to the notion of quasisupermodularity introduced by Milgrom and Shannon. We conclude that...
Persistent link: https://www.econbiz.de/10005005932
We discuss the theory of gerrymandering-proof voting rules. Our approach is axiomatic. We show that, for votes over a binary set of alternatives, any rule that is unanimous, anonymous, and gerrymandering-proof must decide a social outcome as a function of the proportions of agents voting for...
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We study axioms which define "representative democracy" in an environment in which agents vote over a finite set of alternatives. We focus on a property that states that whether votes are aggregated directly or indirectly makes no difference. We call this property representative consistency....
Persistent link: https://www.econbiz.de/10005408879
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If a decision maker whose behavior conforms to the max-min expected utility model is faced with a scoring rule for a subjective expected utility decision maker, she will always announce a probability belonging to her set of priors; moreover, for any prior in the set, there is a scoring rule...
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