The Myth of the Condorcet Winner
22 Supreme Court Economic Review 207 (2015).
15 Pages Posted: 15 Aug 2012 Last revised: 4 Feb 2021
Date Written: August 15, 2012
Abstract
There is consensus among legal scholars that, when choosing among multiple alternatives, the Condorcet winner, should it exist, is the preferred option. In this essay I will refute that claim, both normatively and positively. In addition, I will suggest that a different approach, based in behavioral economics, might be a more productive way to model the choices that legislatures make among multiple alternatives.
Keywords: public choice, Condorcet winner
JEL Classification: D71, D72
Suggested Citation: Suggested Citation
Edelman, Paul H., The Myth of the Condorcet Winner (August 15, 2012). 22 Supreme Court Economic Review 207 (2015)., Available at SSRN: https://ssrn.com/abstract=2130003 or http://dx.doi.org/10.2139/ssrn.2130003
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