Introduction to Social Choice Flashcards

0
Q

The cardinality of a set…

A

The number of elements in that set.

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1
Q

A set

A

A collection of elements

Example: A={x, y, z} where A is a set containing the elements x,y,z

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2
Q

What is R, I and P

A

Preference relations

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3
Q

What does xRy imply?

A

That x is at least as good as y

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4
Q

What does xIy imply?

A

The the individual thinks alternatives x and y are equally good.

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5
Q

How can xIy also be represented?

A

xRy & yRx

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6
Q

What does xPy imply?

A

The individual thinks that the alternative x is preferable to y

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7
Q

How else can xPy be written?

A

xRy & not(yRx)

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8
Q

Assumptions of R

A

R is:
Reflexive
Connected
Transitive

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9
Q

What do we say R is if it is reflexive, transitive and connected?

A

Ordering

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10
Q

The majority decision rule

A

[|{xRy}|≥|{yRx}|]

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11
Q

What is the main problem with the majority decision rule?

A

Can generate social preference cycles

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12
Q

Agenda setting (manipulation)

A

A single individual has the power to set a voting agenda. Assuming there are three elements:
First he would specify voting on two individual elements and in doing so eliminate one.
Second the society would vote on the two remaining elements and by majority vote eliminate another. In doing so there is one left so society chooses the remaining element

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13
Q

An alternative to the majority decision rule

A

The Borda Count

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14
Q

The Borda Count

A

Attaches points to first(3) , second(2) and third(1) then adds them up

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15
Q

Problem with the Borda Count

A

An alteration in an individuals preferences over two elements can alter society’s ranking and choice

16
Q

Unrestricted Domain and Collective Rationality

A

The social decision rule R should be defined for all possible preference profiles, and R should be an ordering.

17
Q

The Pareto Criterion

A

For all preference profiles and for all x,y

18
Q

Independence of Irrelevant alternatives

A

For all pairs of preference profiles, if no individual’s ranking of x and y changes (even if their rankings of alternatives changes) then society’s ranking of x and y should not change

19
Q

Non-dictatorship

A

There should not exist an individual i e N such that, for all preference profiles and for all x,y e X, if xPy then xPy

20
Q

Arrow’s Impossibility Theorem

A

Theorem which states if |X| ≥ 3 there does not exist any social decision rule R satisfying conditions (1), (2), (3) and (4)

21
Q

Which condition does the Borda count violate?

A

Independence of Irrelevant Alternatives

22
Q

Which social decision rule does the majority decision rule violate?

A

Unrestricted domain and collective rationality

23
Q

Is there are way to get around Arrow’s Impossibility Theorem?

A

The Median Voter Theorem, The Jury Decision rule and Individual rights.

24
Q

Assumptions of the Median Voter Rule

A
  1. Issues are defined along a single dimension

2. Each voter’s preferences are ‘single peaked’

25
Q

The median voter rule

A

If x is a single dimensional issue and if all voters have single peaked preferences, then xm cannot lose under the majority decision rule.

xi* is individual i’s ideal point iff Ui(xi)>Ui(xi), for all xi not equal xi

26
Q

Which criterion is relaxed under the median voter theory?

A

The unrestricted Domain

27
Q

What is weakened under the jury decision rule?

A

The transitivity of R so that it is quasi-transitive

28
Q

What happens if R becomes quasi-transitive?

A

P becomes transitive

29
Q

Individual rights

A

For some pair of alternatives an individual is a dictator

30
Q

Acyclicity is…

A

weaker than quasi-transitivity which is weaker than transitivity

31
Q

Sen’s conditions

A

R is reflexive, connected and acyclic

It i indviduals xPy then society xPy

Is the Pareto Criterion

32
Q

Sen’s theorem

A

there does not exist a social condition rule which will satisfy all of the (Sen’s) conditions 1,2&3

33
Q

What does Sen’s theorem show?

A

It shows that the Pareto Criterion is inconsistent with individual rights.

34
Q

Non-Paternalism

A

social welfare depends only on an individual’s utility

35
Q

Paretian

A

social welfare is increasing in each individual’s utility

36
Q

Symmetry

A

all individuals are treated the same

37
Q

Strict Concavity

A

if the social welfare function is concave it displays an aversion to inequality. Redistributive from rich to poor