Crès, H. and Tvede, M. orcid.org/0000-0003-0566-7026 (2025) Existence of majority equilibria with non-ordered preferences. Working Paper. Sheffield Economic Research Paper Series (2025010). Department of Economics, University of Sheffield ISSN 1749-8368
Abstract
Majority voting is widely observed to produce stable policy outcomes, despite theoretical predictions of instability in multidimensional policy spaces. The present paper shows that stability can arise because voters have non-ordered preferences. We model preferences as correspondences within d-dimensional policy spaces and introduce a geometric measure of orderedness based on the angular spread α of strictly preferred alternatives. Our main result is that majority equilibria exist provided α < arcsin √(d+1)/(2d) with a dimension-free bound at α < π/4 = 45◦. We use Euclidean preferences to show that for random samples of voters with probability one for d tending to infinity there exist majority equilibria provided α < arccos √1/(m+1). Our findings suggest that modest deviations from fully ordered preferences can ensure stability of collective decisions under the majority rule.
Metadata
| Item Type: | Monograph |
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| Authors/Creators: |
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| Copyright, Publisher and Additional Information: | © 2025 The Author(s). For reuse permissions, please contact the Author(s). The Sheffield Economic Research Paper Series (SERPS) offers a forum for the research output of the Department of Economics, University of Sheffield. Papers are reviewed for quality and presentation by two internal referees and a departmental editor. However, the contents and opinions expressed remain the responsibility of the author(s). Comments are welcomed and should be addressed to the individual author(s). |
| Keywords: | ambiguity; centerpoint theorem; collective decision-making; Euclidean preferences; majority equilibrium; non-ordered preferences; status quo bias; voting |
| Dates: |
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| Institution: | The University of Sheffield |
| Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) > Sheffield Economics Research Papers Series |
| Date Deposited: | 04 Nov 2025 16:36 |
| Last Modified: | 04 Nov 2025 16:36 |
| Published Version: | https://sheffield.ac.uk/economics/research/serps |
| Status: | Published |
| Publisher: | Department of Economics, University of Sheffield |
| Series Name: | Sheffield Economic Research Paper Series |
| Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:233791 |

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