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A new characterization of the majority rule
Woeginger, Gerhard J. (2003) A new characterization of the majority rule. Economics Letters, 81 (1). pp. 89-94. ISSN 0165-1765
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| Abstract: | A seminal paper by May [Econometrica 20 (1952) 680] characterizes the majority rule in terms of anonymity, neutrality, and positive responsiveness. Whereas the former two axioms are natural and fairly weak, the positive responsiveness axiom is usually criticized for being too strong. In this note, we provide an alternative characterization of the majority rule in terms of neutrality, Pareto optimality, and a new axiom that we call reducibility to subsocieties |
| Item Type: | Article |
| Copyright: | © 2003 Elsevier |
| Faculty: | Electrical Engineering, Mathematics and Computer Science (EEMCS) |
| Research Group: | |
| Link to this item: | http://purl.utwente.nl/publications/58667 |
| Official URL: | http://dx.doi.org/10.1016/S0165-1765(03)00145-9 |
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