Median rule and majoritarian compromise

buir.advisorKoray, Semih
dc.contributor.authorPolat, Ali Oğuz
dc.date.accessioned2016-01-08T18:23:43Z
dc.date.available2016-01-08T18:23:43Z
dc.date.issued2013
dc.departmentDepartment of Economicsen_US
dc.descriptionAnkara : The Department of Economics, İhsan Doğramacı Bilkent University, 2013.en_US
dc.descriptionThesis (Master's) -- Bilkent University, 2013.en_US
dc.descriptionIncludes bibliographical references.en_US
dc.description.abstractIn this thesis, we analyze the relationship between Majoritarian Compromise (Sertel & Yılmaz, 1984) and the Median Rule (Basset & Persky, 1999). We show that, for the populations with odd size, these two rules are equivalent and we describe the relationship for the case where population size is even. Then, we explore some axiomatic properties of Median Rule. It turns out that Median Rule satisfies all properties that Majoritarian Compromise satisfies in Sertel and Yılmaz (1999) and it fails all properties that Majoritarian Compromise fails in Sertel and Yılmaz (1999). We, then, introduce two axioms which differentiate these rules. We conclude that, the Median Rule can be considered as a viable alternative to Majoritarian Compromise, as it satis- fies all axioms that Majoritarian Compromise is known to satisfy except one particular axiom.en_US
dc.description.degreeM.A.en_US
dc.description.provenanceMade available in DSpace on 2016-01-08T18:23:43Z (GMT). No. of bitstreams: 1 0006437.pdf: 274486 bytes, checksum: 4cc35aeb1029f74d7b40d09ef7518969 (MD5)en
dc.description.statementofresponsibilityPolat, Ali Oğuzen_US
dc.format.extentvi, 22 leavesen_US
dc.identifier.urihttp://hdl.handle.net/11693/15725
dc.language.isoEnglishen_US
dc.publisherBilkent Universityen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectSocial Choiceen_US
dc.subjectMajoritarian Compromiseen_US
dc.subjectMedian Ruleen_US
dc.subjectSubgame Perfect Implementabilityen_US
dc.subject.lccHB846.8 .P64 2013en_US
dc.subject.lcshSocial choice--Mathematical models.en_US
dc.subject.lcshEconomic policy.en_US
dc.titleMedian rule and majoritarian compromiseen_US
dc.typeThesisen_US

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