Home
Behavioral Social Choice: Probabilistic Models, Statistical Inference, and Applications
Barnes and Noble
Behavioral Social Choice: Probabilistic Models, Statistical Inference, and Applications
Current price: $95.00
Barnes and Noble
Behavioral Social Choice: Probabilistic Models, Statistical Inference, and Applications
Current price: $95.00
Size: OS
Loading Inventory...
*Product information may vary - to confirm product availability, pricing, shipping and return information please contact Barnes and Noble
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.