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Condorcet cycles in bipartite populations

  • HervÊ CrÉs

    (Department of Economics, University of Pennsylvania, 3718 Locust Walk, Philadelphia, PA 19104, USA)

  • Yves Balasko

    (DÊpartement d'êconomÊtrie, UniversitÊ de GenÉve, 102 Bd Carl Vogt, CH-1211 GenÉve 4, Switzerland)

Simple 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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Article provided by Springer in its journal Economic Theory.

Volume (Year): 12 (1998)
Issue (Month): 2 ()
Pages: 313-334

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Handle: RePEc:spr:joecth:v:12:y:1998:i:2:p:313-334
Note: Received: June 17, 1996; revised version: April 15, 1997
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