Behavioral Social Choice

Behavioral Social Choice
Author :
Publisher : Cambridge University Press
Total Pages : 21
Release :
ISBN-10 : 9780521829687
ISBN-13 : 0521829682
Rating : 4/5 (87 Downloads)

Book Synopsis Behavioral Social Choice by : Michel Regenwetter

Download or read book Behavioral Social Choice written by Michel Regenwetter and published by Cambridge University Press. This book was released on 2006-05-15 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. They provide new insights into how alternative model specifications can change our estimates of social orderings.


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