Scoring rules, condorcet efficiency and social homogeneity

Citation
D. Lepelley et al., Scoring rules, condorcet efficiency and social homogeneity, THEOR DECIS, 49(2), 2000, pp. 175-196
Citations number
16
Categorie Soggetti
Economics
Journal title
THEORY AND DECISION
ISSN journal
00405833 → ACNP
Volume
49
Issue
2
Year of publication
2000
Pages
175 - 196
Database
ISI
SICI code
0040-5833(200009)49:2<175:SRCEAS>2.0.ZU;2-N
Abstract
In a three-candidate election, a scoring rule lambda, lambda is an element of[0,1], assigns 1,lambda and 0 points (respectively) to each first, second and third place in the individual preference rankings. The Condorcet effic iency of a scoring rule is defined as the conditional probability that this rule selects the winner in accordance with Condorcet criteria (three Condo rcet criteria are considered in the paper). We are interested in the follow ing question: What rule lambda has the greatest Condorcet efficiency? After recalling the known answer to this question, we investigate the impact of social homogeneity on the optimal value of lambda. One of the most salient results we obtain is that the optimality of the Borda rule (lambda=1/2) hol ds only if the voters act in an independent way.