On the Optimal Majority Rule

Working Paper: CEPR ID: DP12492

Authors: Olivier Compte; Philippe Jehiel

Abstract: We develop a simple model that rationalizes why less stringent majority rules are preferable to unanimity in large committees. Proposals arerandomly generated and the running proposal is adopted whenever it is approved by a sufficiently large share of voters. Unanimity induces excessive delays while too weak majority requirements induce the adoption of suboptimal proposals. The optimal majority rule balances these two inefficiencies: it requires the approval by a share equal to the probability (assumed to be constant across proposals) that a given member gets more than the average welfare associated with the running proposal. Various extensions are considered.

Keywords: No keywords provided

JEL Codes: No JEL codes provided


Causal Claims Network Graph

Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.


Causal Claims

CauseEffect
Unanimity (D70)Excessive Delays (L91)
Weak Majority (D79)Suboptimal Proposals (D79)
Optimal Majority Rule (D79)Balance of Delays and Proposal Quality (L15)

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