Condorcet cycles in bipartite populations
AbstractSimple majority voting between pairs of alternatives is used to aggregate individual preferences. The occurence of Condorcet cycles is limited thanks to a principle of homogeneity on individual preferences. The restrictions induced on the domain of the latters are weak: among the n! possible orderings of n alternatives, more than one half are admissible within a domain. The resulting aggregated preference has then a neglectable probability of showing up cycles. We show moreover that the set of individual preferences can be `naturally' partitioned into two such domains.
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Bibliographic InfoArticle provided by Springer in its journal Economic Theory.
Volume (Year): 12 (1998)
Issue (Month): 2 ()
Note: Received: June 17, 1996; revised version: April 15, 1997
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- Hervé, CRES, 1998.
"Aggregation of Coarse Preferences,"
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659, HEC Paris.
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