Consistent voting systems with a continuum of voters
AbstractVoting problems with a continuum of voters and finitely many alternatives are considered. The classical Arrow and Gibbard-Satterthwaite theorems are shown to persist in this model, not for single voters but for coalitions of positive size. The emphasis of the study is on strategic considerations, relaxing the nonmanipulability requirement: are there social choice functions such that for every profile of preferences there exists a strong Nash equilibrium resulting in the alternative assigned by the social choice function? Such social choice functions are called exactly and strongly consistent. The study offers an extension of the work of Peleg (1978a) and others. Specifically, a class of anonymous social choice functions with the required property is characterized through blocking coefficients of alternatives,and associated effectivity functions are studied. Finally, representation of effectivity functions by game forms having a strong Nash equilibrium is studied.
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Bibliographic InfoArticle provided by Springer in its journal Social Choice and Welfare.
Volume (Year): 27 (2006)
Issue (Month): 3 (December)
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Web page: http://link.springer.de/link/service/journals/00355/index.htm
Other versions of this item:
- B Pezaleleleg & Hans Peters, 2006. "Consistent Voting Systems with a Continuum of Voters," Social Choice and Welfare, Springer, vol. 27(3), pages 477-492, December.
- Peters,Hans & Peleg,Bezalel, 2002. "Consistent Voting Systems with a Continuum of Voters," Research Memorandum 024, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Bezalel Peleg & Hans Peters, 2002. "Consistent voting systems with a continuum of voters," Discussion Paper Series dp308, The Center for the Study of Rationality, Hebrew University, Jerusalem.
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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