This book explores the extent to which fuzzy set logic can
overcome some of the shortcomings of public choice theory,
particularly its inability to provide adequate predictive power in
empirical studies. Especially in the case of social preferences,
public choice theory has failed to produce the set of alternatives
from which collective choices are made. The book presents empirical
findings achieved by the authors in their efforts to predict the
outcome of government formation processes in European parliamentary
and semi-presidential systems.Using data from the Comparative
Manifesto Project (CMP), the authors propose a new approach that
reinterprets error in the coding of CMP data as ambiguity in the
actual political positions of parties on the policy dimensions
being coded. The range of this error establishes parties fuzzy
preferences. The set of possible outcomes in the process of
government formation is then calculated on the basis of both the
fuzzy Pareto set and the fuzzy maximal set, and the predictions are
compared with those made by two conventional approaches as well as
with the government that was actually formed. The comparison shows
that, in most cases, the fuzzy approaches outperform their
conventional counterparts."
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