Abstract
An alternative is a Condorcet winner if it beats all other alternatives in a pairwise majority vote. A social choice correspondence is a Condorcet extension if it selects the Condorcet winners-and nothing else-whenever a Condorcet winner exists. It is well known that Condorcet extensions are not monotonic (hence, not Nash implementable) when all preferences are admissible, but are implementable when restricted to a domain in which Condorcet winners always exist. We fill the gap by studying the intermediate domains and find that monotonicity is violated on all such domains.
| Original language | English |
|---|---|
| Pages (from-to) | 21-23 |
| Number of pages | 3 |
| Journal | Economics Letters |
| Volume | 130 |
| DOIs | |
| State | Published - May 1 2015 |
Keywords
- Condorcet winner
- Nash implementation
- Voting rules
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