The activities of very large coalitions of producers are, in theory and in legislation, generally considered to be inimical to social welfare. By contrast, the formation of large coalitions -political parties and interest groups -is usually encouraged within the political realm. This paper treats a
Plurality distortion and majority rule
✍ Scribed by David C. Paris
- Publisher
- John Wiley and Sons
- Year
- 1975
- Tongue
- English
- Weight
- 780 KB
- Volume
- 20
- Category
- Article
- ISSN
- 8756-6079
No coin nor oath required. For personal study only.
📜 SIMILAR VOLUMES
For an n-member body making dichotomous decisions, decision rules can be formulated as simple games. Of all possible decision rules, majority rule maximizes the average reponsiveness of the body to individual preferences. It is the unique decision rule which does this when n is odd, but not when n i
Let ނ s y1, 1 denote the vertices of the n-dimensional cube. Let U m be a random m-element subset of ނ n and suppose w g ނ n is a vertex closest to the centroid of Ž . U m . Using a large deviation, multivariate local limit theorem due to Richter, we show that Ž . nr log n is a threshold funct