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  • 标题:Condorcet's Paradox and the Median Voter Theorem for Randomized Social Choice
  • 本地全文:下载
  • 作者:Haris Aziz
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2015
  • 卷号:35
  • 期号:1
  • 出版社:Economics Bulletin
  • 摘要:Condorcet's paradox is one of the most prominent results in social choice theory. It says that there may not exist any alternative that a net majority prefers over every other alternative. When outcomes need not be deterministic alternatives, we show that a similar paradox still exists even if preferences are dichotomous. Thus relaxing the requirement of discrete alternatives does not help in circumventing Condorcet's paradox. On the other hand, we show that a fractional/randomized version of Black's Median Voter Theorem still holds for single-peaked preferences.
  • 关键词:Social choice theory ; Condorcet's Paradox ; Median Voter Theorem ; Social decision function
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