On the Robustness of Majority Rule
On the Robustness of Majority Rule
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论多数决定的稳健性
DOI:
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发表时间:
2008
期刊:
影响因子:
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通讯作者:
E. Maskin
中科院分区:
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作者:
P. Dasgupta;E. Maskin
We show that simple majority rule satisfies five standard and attractive axioms-the Pareto property, anonymity, neutrality, independence of irrelevant alternatives, and (generic) decisiveness-over a larger class of preference domains than (essentially) any other voting rule. Hence, in this sense, it is the most robust voting rule. This characterization of majority rule provides an alternative to that of May (1952). (JEL: D71) (c) 2008 by the European Economic Association.