Abstract
The purpose of this note is to suggest the advantages of a probabilistic model of social choice in which we impose some naive assumptions on the individual preference relations. According to the probabilistic approach, society chooses a certain alternative in a two-stage process. First, social probabilities are determined on the basis of individual probabilities using the average rule. Second, a certain alternative is chosen by a random mechanism which utilizes the above social probabilities.
| Original language | English |
|---|---|
| Pages (from-to) | 93-100 |
| Number of pages | 8 |
| Journal | Public Choice |
| Volume | 24 |
| Issue number | 1 |
| DOIs | |
| State | Published - Dec 1975 |
| Externally published | Yes |
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