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Behavioral Social Choice

Behavioral Social Choice

Paperback

General Political ScienceGeneral Sociology

ISBN10: 0521536669
ISBN13: 9780521536660
Publisher: Cambridge University Press
Published: May 15 2006
Pages: 258
Weight: 0.76
Height: 0.59 Width: 6.08 Depth: 9.04
Language: English
Looking at the probabilistic foundations of collective decision-making rules, the authors challenge much of the existing theoretical wisdom about social choice processes, and seek to restore faith in the possibility of democratic decision-making. In particular, they argue that worries about the supposed prevalence of majority rule cycles, that would preclude groups from reaching a final decision about what alternative they prefer, have been greatly overstated. In practice, majority rule can be expected to work well in most real-world settings. They provide new insights into how alternative model specifications can change our estimates of social orderings.

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General Political Science