Behavioral Social Choice
Cambridge University Press

Behavioral Social Choice

Subjects: Politics, Politics & government
ISBN13: 9780521536660
Published: 15 May 2006

Format - Paperback / softback
By Regenwetter, Michel

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Regular price A$64.56
Sale price A$64.56 Regular price A$66.56

Behavioral Social Choice

Regular price A$64.56
Sale price A$64.56 Regular price A$66.56
Product description

Behavioral Social Choice looks at the probabilistic foundations of collective decision-making rules. The authors challenge much of the existing theoretical wisdom about social choice processes, and seek to restore faith in the possibility of democratic decision-making. In particular, they argue that worries about the supposed prevalence of majority rule cycles that would preclude groups from reaching a final decision about what alternative they prefer have been greatly overstated. In practice, majority rule can be expected to work well in most real-world settings. Furthermore, if there is a problem, they show that the problem is more likely to be one of sample estimates missing the majority winner in a close contest (e.g., Bush-Gore) than a problem about cycling. The authors also provide new mathematical tools to estimate the prevalence of cycles as a function of sample size and insights into how alternative model specifications can change our estimates of social orderings.

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