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The Costs of Implementing the Majority Principle: The Golden Voting Rule

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  • Eyal Baharad

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  • Shmuel Nitzan

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Abstract

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Suggested Citation

  • Eyal Baharad & Shmuel Nitzan, 2007. "The Costs of Implementing the Majority Principle: The Golden Voting Rule," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 31(1), pages 69-84, April.
  • Handle: RePEc:spr:joecth:v:31:y:2007:i:1:p:69-84 DOI: 10.1007/s00199-006-0083-9
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    References listed on IDEAS

    as
    1. Hao Li & Sherwin Rosen & Wing Suen, 2001. "Conflicts and Common Interests in Committees," American Economic Review, American Economic Association, pages 1478-1497.
    2. Nitzan, Shmuel & Paroush, Jacob, 1982. "Optimal Decision Rules in Uncertain Dichotomous Choice Situations," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 23(2), pages 289-297, June.
    3. Hao Li & Sherwin Rosen & Wing Suen, 2001. "Conflicts and Common Interests in Committees," American Economic Review, American Economic Association, pages 1478-1497.
    4. Farkas, Daniel & Nitzan, Shmuel, 1979. "The Borda Rule and Pareto Stability: A Comment," Econometrica, Econometric Society, vol. 47(5), pages 1305-1306, September.
    5. Eyal Baharad & Shmuel Nitzan, 2003. "The Borda rule, Condorcet consistency and Condorcet stability," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), pages 685-688.
    6. Eyal Baharad & Shmuel Nitzan, 2007. "Scoring rules: an alternative parameterization," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 30(1), pages 187-190, January.
    7. repec:cup:apsrev:v:77:y:1983:i:01:p:123-141_24 is not listed on IDEAS
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    Cited by:

    1. Eyal Baharad & Shmuel Nitzan, 2011. "Condorcet vs. Borda in light of a dual majoritarian approach," Theory and Decision, Springer, pages 151-162.
    2. Ruth Ben-Yashar & Leif Danziger, 2015. "When is voting optimal?," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), pages 341-356.
    3. Eyal Baharad & Shmuel Nitzan, 2016. "Is majority consistency possible?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 46(2), pages 287-299, February.
    4. Fahrenberger, Theresa C. & Gersbach, Hans, 2012. "Preferences for harmony and minority voting," Mathematical Social Sciences, Elsevier, vol. 63(1), pages 1-13.

    More about this item

    Keywords

    Scoring rules; Majority decisiveness; Majority principle; The golden voting rule; D71; D72;

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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