A characterization of the maximin rule in the context of voting

In a voting context, when the preferences of voters are described by linear orderings over a finite set of alternatives, the Maximin rule orders the alternatives according to their minimal rank in the voters’ preferences. It is equivalent to the Fallback bargaining process described by Brams and Kilgour (Group Decision and Negotiation 10:287–316, 2001). This article proposes a characterization of the Maximin rule as a social welfare function (SWF) based upon five conditions: Neutrality, Duplication, Unanimity, Top Invariance, and Weak Separability. In a similar way, we obtain a characterization for the Maximax SWF by using Bottom Invariance instead of Top Invariance. Then, these results are compared to the axiomatic characterizations of two famous scoring rules, the Plurality rule and the Antiplurality rule.

[1]  Vincent Merlin L'agregation des preferences individuelles : les regles positionnelles iteratives et la methode de copeland , 1996 .

[2]  H. P. Young,et al.  An axiomatization of Borda's rule , 1974 .

[3]  Makoto Yokoo,et al.  The effect of false-name bids in combinatorial auctions: new fraud in internet auctions , 2004, Games Econ. Behav..

[4]  J. Milnor Games Against Nature , 1951 .

[5]  J. H. Smith AGGREGATION OF PREFERENCES WITH VARIABLE ELECTORATE , 1973 .

[6]  H. Young Social Choice Scoring Functions , 1975 .

[7]  Salvador Barberà,et al.  Implementability via protective equilibria , 1982 .

[8]  Salvador Barberà,et al.  General, direct and self-implementation of social choice functions via protective equilibria , 1986 .

[9]  D. G. Saari,et al.  Consistency of decision processes , 1990 .

[10]  H. Moulin Axioms of Cooperative Decision Making , 1988 .

[11]  Steven J. Brams,et al.  A Minimax Procedure for Negotiating Multilateral Treaties , 2007 .

[12]  H. Raiffa,et al.  GAMES AND DECISIONS; INTRODUCTION AND CRITICAL SURVEY. , 1958 .

[13]  Kenneth O. May,et al.  A Set of Independent Necessary and Sufficient Conditions for Simple Majority Decision , 1952 .

[14]  Murat R. Sertel,et al.  The majoritarian compromise is majoritarian-optimal and subgame-perfect implementable , 1999 .

[15]  Eitan Muller,et al.  The equivalence of strong positive association and strategy-proofness , 1977 .

[16]  Valeriy A. Kalyagin,et al.  Social threshold aggregations , 2010, Soc. Choice Welf..

[17]  Hervé Moulin,et al.  Prudence versus sophistication in voting strategy , 1981 .