• Media type: E-Book
  • Title: Rationalization of Indecisive Choice Behavior by Majoritarian Ballots
  • Contributor: Alcantud, José Carlos R. [VerfasserIn]; Cantone, Domenico Aldo [VerfasserIn]; Giarlotta, Alfio [VerfasserIn]; Watson, Stephen [VerfasserIn]
  • imprint: [S.l.]: SSRN, 2022
  • Extent: 1 Online-Ressource (33 p)
  • Language: English
  • DOI: 10.2139/ssrn.4287513
  • Identifier:
  • Keywords: Bounded Rationality ; Chernoff property ; ballot ; voter ; rationalization by multiple rationales ; majoritarian choice
  • Origination:
  • Footnote:
  • Description: We describe a model that explains possibly indecisive choice behavior, that is, quasi-choices (choice correspondences that may be empty on some menus). The justification is here provided by a proportion of ballots, which are quasi-choices rationalizable by an arbitrary binary relation. We call a quasi-choice s-majoritarian if all options selected from a menu are endorsed by a share of ballots larger than s.We prove that all forms of majoritarianism are equivalent to a well-known behavioral property, namely Chernoff axiom. Then we focus on two paradigms of majoritarianism, whereby either a simple majority of ballots justifies a quasi-choice, or the endorsement by a single ballot suffices -- a liberal justification. These benchmark explanations typically require a different minimum number of ballots. We determine the asymptotic minimum size of a liberal justification
  • Access State: Open Access