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Voting Paradoxes and Group Coherence - The Condorcet Efficiency of Voting Rules (Hardcover, 2011 ed.) Loot Price: R3,840
Discovery Miles 38 400
Voting Paradoxes and Group Coherence - The Condorcet Efficiency of Voting Rules (Hardcover, 2011 ed.): William V. Gehrlein,...

Voting Paradoxes and Group Coherence - The Condorcet Efficiency of Voting Rules (Hardcover, 2011 ed.)

William V. Gehrlein, Dominique Lepelley

Series: Studies in Choice and Welfare

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Loot Price R3,840 Discovery Miles 38 400 | Repayment Terms: R360 pm x 12*

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The likelihood of observing Condorcet's Paradox is known to be very low for elections with a small number of candidates if voters' preferences on candidates reflect any significant degree of a number of different measures of mutual coherence. This reinforces the intuitive notion that strange election outcomes should become less likely as voters' preferences become more mutually coherent. Similar analysis is used here to indicate that this notion is valid for most, but not all, other voting paradoxes. This study also focuses on the Condorcet Criterion, which states that the pairwise majority rule winner should be chosen as the election winner, if one exists. Representations for the Condorcet Efficiency of the most common voting rules are obtained here as a function of various measures of the degree of mutual coherence of voters' preferences. An analysis of the Condorcet Efficiency representations that are obtained yields strong support for using Borda Rule.

General

Imprint: Springer-Verlag
Country of origin: Germany
Series: Studies in Choice and Welfare
Release date: November 2010
First published: 2010
Authors: William V. Gehrlein • Dominique Lepelley
Dimensions: 235 x 155 x 22mm (L x W x T)
Format: Hardcover
Pages: 385
Edition: 2011 ed.
ISBN-13: 978-3-642-03106-9
Categories: Books > Social sciences > Politics & government > Political science & theory
Books > Business & Economics > Economics > Economic theory & philosophy
Books > Business & Economics > Economics > Political economy
Books > Science & Mathematics > Mathematics > Optimization > Game theory
Books > Business & Economics > Finance & accounting > Finance > Public finance > General
Books > Money & Finance > Public finance > General
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LSN: 3-642-03106-4
Barcode: 9783642031069

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