EconPapers    
Economics at your fingertips  
 

On 64%-Majority Rule

Andrew Caplin and Barry Nalebuff

Econometrica, 1988, vol. 56, issue 4, 787-814

Abstract: Many electoral rules require a super-majority vote to change the status quo. Without some restriction on preferences, super-majority rules have paradoxical properties. For example, electoral cycles are possible with anything other than 100 percent majority rule. The auth ors show that these problems do not arise if there is sufficient simi larity of attitudes among the voting population. Their definition of social consensus involves two restrictions on domain: one on individu al preferences, the other on the distribution of preferences. When th is consensus exists, 64 percent majority rule has many desirable prop erties, including the elimination of all electoral cycles. Copyright 1988 by The Econometric Society.

Date: 1988
References: Add references at CitEc
Citations: View citations in EconPapers (109)

Downloads: (external link)
http://links.jstor.org/sici?sici=0012-9682%2819880 ... O%3B2-H&origin=repec full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecm:emetrp:v:56:y:1988:i:4:p:787-814

Ordering information: This journal article can be ordered from
https://www.economet ... ordering-back-issues

Access Statistics for this article

Econometrica is currently edited by Guido Imbens

More articles in Econometrica from Econometric Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-19
Handle: RePEc:ecm:emetrp:v:56:y:1988:i:4:p:787-814