Pareto optimality of policy proposals with probabilistic voting

B-Tier
Journal: Public Choice
Year: 1982
Volume: 39
Issue: 3
Pages: 427-433

Score contribution per author:

2.018 = (α=2.02 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper studies the Pareto optimality properties of policy proposals and electoral outcomes when there is probabilistic voting. Theorem 1 proves that, when the position of one candidate is taken as fixed, the other candidate will propose a Pareto optimal alternative. This implies that whenever there is an electoral equilibrium (in pure strategies) the electoral outcome is Pareto optimal. It also implies that, even if there is no such equilibrium, the electoral outcomes from a sequence of elections will be Pareto optimal (except, possibly, for an initial status quo). Copyright Martinus Nijhoff Publishers 1982

Technical Details

RePEc Handle
repec:kap:pubcho:v:39:y:1982:i:3:p:427-433
Journal Field
Public
Author Count
1
Added to Database
2026-01-25