Behavioral Social Choice: Probabilistic Models, Statistical Inference, and Applications

Sold by Ingram

This product may not be approved for your region.
Paperback
  • Free Shipping

    On orders of AED 100 or more. Standard delivery within 5-15 days.
  • Free Reserve & Collect

    Reserve & Collect from Magrudy's or partner stores accross the UAE.
  • Cash On Delivery

    Pay when your order arrives.
  • Free returns

    See more about our return policy.
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.