Majority Rule and Utilitarian Welfare

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2015
Volume: 7
Issue: 4
Pages: 339-75

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

We study the welfare properties of majority and supermajority rules when voting is costly and values, costs, and electorate sizes are all random. Unlike previous work, where the electorate size was either fixed or Poisson distributed, and exhibited no limiting dispersion, we allow for general distributions that permit substantial dispersion. We identify conditions on these distributions guaranteeing that a large election under majority rule produces the utilitarian choice with probability one. Absent these conditions, nonutilitarian outcomes are possible, as we demonstrate. We also show that majority rule is the only voting rule with the utilitarian property—strict supermajority rules are not utilitarian. (JEL D71, D72)

Technical Details

RePEc Handle
repec:aea:aejmic:v:7:y:2015:i:4:p:339-75
Journal Field
General
Author Count
2
Added to Database
2026-01-25