LEVEL r CONSENSUS AND STABLE SOCIAL CHOICE
Muhammad Mahajne,
Shmuel Nitzan and
Oscar Volij ()
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Muhammad Mahajne: BGU
No 1305, Working Papers from Ben-Gurion University of the Negev, Department of Economics
Abstract:
We propose the concept of level r consensus as a useful property of a preference profile which considerably enhances the stability of social choice. This concept involves a weakening of unanimity, the most extreme form of consensus. It is shown that if a preference profile exhibits level r consensus around a given preference relation, the associated majority relation is transitive. In addition, the majority relation coincides with the preference relation around which there is such consensus. Furthermore, if the level of consensus is sufficiently strong, the Condorcet winner is chosen by all the scoring rules. Level r consensus therefore ensures the Condorcet consistency of all scoring rules, thus eliminating the tension between decision rules inspired by ranking- based utilitarianism and the majority rule.
Keywords: Social choice; unanimity; consensus; preference aggregation rules; transi- tivity; simple majority; scoring rules; invariance to rule selection (search for similar items in EconPapers)
JEL-codes: D71 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2013
New Economics Papers: this item is included in nep-cdm and nep-mic
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Working Paper: Level r Consensus and Stable Social Choice (2014) 
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Persistent link: https://EconPapers.repec.org/RePEc:bgu:wpaper:1305
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