Books > Social sciences > Politics & government > Political structure & processes > Elections & referenda
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Cycles and Social Choice - The True and Unabridged Story of a Most Protean Paradox (Hardcover)
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Cycles and Social Choice - The True and Unabridged Story of a Most Protean Paradox (Hardcover)
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The centuries-old paradox of voting is that majorities sometimes
prefer x to y, y to z, and z to x - a cycle. The discovery of the
sources and consequences of such cycles, under majority rule and
countless other regimes, constitutes much of the mathematical
theory of voting and social choice. This book explores the big
questions posed by the paradox of voting: positive questions about
how to predict outcomes and explain observed stability, and
normative questions about how to hold elections, how to take
account of preference intensities, the relevance of social welfare
to social choice, and challenges to formal 'rationality',
individual and social. The overall lesson is that cycles are facts,
ubiquitous, and consequential in non-obvious ways, not puzzles to
be solved, much less maladies or misfortunes to be avoided or
regretted.
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