Ideology and existence of 50%-majority equilibria in multidimensional spatial voting models
When aggregating individual preferences through the majority rule in an n-dimensional spatial voting model, the "worst-case" scenario is a social choice configuration where no political equilibrium exists unless a super majority rate as high as 1-1/n is adopted. In this paper the authors assume that a lower d-dimensional (d
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- Hervé Crès & Mich Tvede, 2009. "Production in incomplete markets: Expectations matter for political stability," Sciences Po publications info:hdl:2441/10267, Sciences Po.
- Greenberg, Joseph, 1979. "Consistent Majority Rules over Compact Sets of Alternatives," Econometrica, Econometric Society, vol. 47(3), pages 627-636, May.
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