IDEAS home Printed from https://ideas.repec.org/p/wpa/wuwpgt/0202003.html
   My bibliography  Save this paper

Without time, no morality

Author

Listed:
  • Thomas Cool

Abstract

Theory shows that voting is subject to paradoxes, while it also appears that a voting result is as much caused by the used procedure as by the voters’ preferences. From a moral point of view, the choice of the procedure naturally is the major issue. A key insight is that morality presumes time. In a static world everything is given, and there is no place for individuals who have to ponder their moral choices. The real world is dynamic however, and the most challenging voting paradoxes concern budget changes. The paper develops a new "Borda Fixed Point" mechanism that provides a better protection to surprises by such budget changes. The analysis is put into context with a review of the proper meaning of Kenneth Arrow’s Impossibility Theorem and a review of Donald Saari’s argument on symmetry. (This version has a formal appendix.)

Suggested Citation

  • Thomas Cool, 2002. "Without time, no morality," General Economics and Teaching 0202003, EconWPA, revised 17 Feb 2002.
  • Handle: RePEc:wpa:wuwpgt:0202003
    Note: 9 pages html, 4 tables, no graphs
    as

    Download full text from publisher

    File URL: http://econwpa.repec.org/eps/get/papers/0202/0202003.html
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Colignatus, Thomas, 2017. "The performance of four possible rules for selecting the Prime Minister after the Dutch Parliamentary elections of March 2017," MPRA Paper 77616, University Library of Munich, Germany, revised 17 Mar 2017.
    2. Colignatus, Thomas, 2010. "The performance of four possible rules for selecting the Prime Minister after the Dutch Parliamentary elections of June 2010," MPRA Paper 23240, University Library of Munich, Germany, revised 19 May 2010.
    3. Colignatus, Thomas, 2013. "The performance of four possible rules for selecting the Prime Minister after the Dutch Parliamentary elections of September 2012," MPRA Paper 44158, University Library of Munich, Germany, revised 02 Feb 2013.

    More about this item

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpgt:0202003. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA). General contact details of provider: http://econwpa.repec.org .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.