Two axioms for the majority rule
Antonio Quesada
Economics Bulletin, 2010, vol. 30, issue 4, 3033-3037
Abstract:
Two axioms are shown to characterize the relative majority rule when preferences are defined over two alternatives. According to one axiom, if all the individuals in a group are indifferent, then the associated group preference is indifference. The second axiom states that a group S prefers alternative a to alternative b if and only if there is a subgroup T whose members unanimously prefer a to b and such that, if S ≠ T, indifference represents the preference of the group S/T.
Keywords: Social welfare function; relative majority rule; axiomatic characterization; two alternatives. (search for similar items in EconPapers)
JEL-codes: D7 (search for similar items in EconPapers)
Date: 2010-11-15
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Citations: View citations in EconPapers (3)
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