Suchergebnisse

Several theorems have been established recently on the existence or location of equilibrium policies in collective decision-making in the case when the alternatives are points in a multi-dimensional space. One of these theorems is founded on an assumption about individual preferences which seems intuitively plausible in the context of political decision-making. We have conducted a number of experiments designed to test this theorem directly. In addition, the resulting data were used to compare the accuracy of this assumption about individual preferences with that of certain alternative assumptions, some of which have also been used in theories of collective decision-making. Before the experiments and the analyses of the results are described, we first briefly present the theorem and the various alternative assumptions to be tested.