We consider the endogenous choice of a voting rule, characterized by the majority size needed to elect change over the status quo, by a society who will use the rule to make future decisions. Under simple assumptions on the uncertainty concerning the future alternatives that will be voted upon, voters' have induced preferences over voting rules that are single-peaked and intermediate. We explore the existence of self-stable voting rules, i.e., voting rules such that there is no alternative rule that would beat the given voting rule if the given voting rule is used to choose between the rules. There are situations where self-stable voting rules do not exist. We explore conditions that guarantee existence, as well as issues relating to efficiency and constitutional design.
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Paper provided by EconWPA in its series Microeconomics with number
0211003.
References listed on IDEAS 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.:
Caplin, Andrew S & Nalebuff, Barry J, 1988.
"On 64%-Majority Rule,"
Econometrica,
Econometric Society, vol. 56(4), pages 787-814, July.
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Cited by: (explanations, 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.)
Eguia, Jon X., 2004.
"United We Vote,"
Working Papers
1208, California Institute of Technology, Division of the Humanities and Social Sciences.
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