Behavioral Social Choice
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Looking 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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