A Characterization of the Plurality Rule

Yohei Sekiguchi
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Yohei Sekiguchi: Faculty of Economics, University of Tokyo

No CIRJE-F-833, CIRJE F-Series from CIRJE, Faculty of Economics, University of Tokyo

Abstract: We consider an axiomatic characterization of the plurality rule, which selects the alternative(s) most preferred by the largest number of individuals. We strengthen the characterization result of Yeh (Economic Theory 34: 575{583, 2008) by replacing effciency axiom by the weaker axiom called faithfulness . Formally, we show that the plurality rule is the only rule satisfying anonymity, neutrality, reinforcement, tops-only , and faithfulness .

Pages: 6 pages
Date: 2012-01
New Economics Papers: this item is included in nep-cdm
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Citations: View citations in EconPapers (14)

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