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Coherence and the Efficiency Hypothesis

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Book cover Voting Paradoxes and Group Coherence

Part of the book series: Studies in Choice and Welfare ((WELFARE))

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Abstract

The primary objective of this chapter is to evaluate the impact that the presence of various degrees of measures of group mutual coherence have on the Condorcet Efficiency of voting rules. The Efficiency Hypothesis suggests that the Condorcet Efficiency of voting rules should increase as voters’ preferences reflect increased levels of group mutual coherence. Some preliminary work has been conducted in this area, when attention is primarily focused on group mutual coherence, as measured by the proximity of voting situations to the condition of perfectly single-peaked preferences.

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Correspondence to William V. Gehrlein .

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© 2011 Springer-Verlag Berlin Heidelberg

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Gehrlein, W.V., Lepelley, D. (2011). Coherence and the Efficiency Hypothesis. In: Voting Paradoxes and Group Coherence. Studies in Choice and Welfare. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-03107-6_6

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  • DOI: https://doi.org/10.1007/978-3-642-03107-6_6

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-03106-9

  • Online ISBN: 978-3-642-03107-6

  • eBook Packages: Business and EconomicsEconomics and Finance (R0)

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