A characterization of the plurality rule
Yohei Sekiguchi
Economics Letters, 2012, vol. 116, issue 3, 330-332
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 [Yeh, C.-H., 2008. An efficiency characterization of plurality rule in collective choice problems. Economic Theory 34, 575–583] by replacing efficiency 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.
Keywords: Plurality rule; Faithfulness; Reinforcement; Tops-only (search for similar items in EconPapers)
JEL-codes: D70 D71 D72 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176512001218
Full text for ScienceDirect subscribers only
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:eee:ecolet:v:116:y:2012:i:3:p:330-332
DOI: 10.1016/j.econlet.2012.03.025
Access Statistics for this article
Economics Letters is currently edited by Economics Letters Editorial Office
More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().