The Evolution of Collective Choice Under Majority Rule
Author(s) -
Akira Okada,
Ryoji Sawa
Publication year - 2020
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.3517906
Subject(s) - political science
We consider a dynamic process of collective choice under majority rule in which a status quo policy evolves. The analysis is based on stochastic evolutionary game theory. The Condorcet winner is uniquely a long-run equilibrium for all (super-)majority rules. When the Condorcet winner does not exist, the long-run equilibria under all majority voting rules belong to the top cycle of policies under a simple majority. When the policy space is multidimensional and the voting quota is larger than the min-max quota, the long-run equilibrium belongs to the min-max set. Finally, the Borda winner appears as a long-run equilibrium under unanimity if voters' behavior is governed by a logit choice rule.
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