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- W18979439 abstract "It is widely held that compared with a legislature with a single majority party, a multi-party legislature achieves more precise representation of society. But the scope of such an advantage that a multi-party system has is rarely discussed. We study the range of social preferences that a three-party system can realize through majority voting. We present a procedure to construct a three-party system that will induce the policy choice specified by a given social preference relation. We provide a sufficient condition for a social preference relation to be compatible with some three-party system. The condition describes a certain restriction on the structure of cycles of social preference relations. ∗I am grateful to Professor Koichi Tadenuma for his guidance and helpful comments. Financial support from the Ministry of Education, Culture, Sports, Science and Technology of Japan through the Global Center of Excellence Program is gratefully acknowledged. †Graduate School of Economics, Hitotsubashi University, Naka 2-1, Kunitachi, Tokyo 1868601, Japan. Email: ed081003@g.hit-u.ac.jp" @default.
- W18979439 created "2016-06-24" @default.
- W18979439 creator A5013915106 @default.
- W18979439 date "2013-03-01" @default.
- W18979439 modified "2023-09-27" @default.
- W18979439 title "On the Realizability of Social Preferences in Three-Party Parliamentary Democracies" @default.
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