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INTRODUCTION ..................................................................................... 397 I. THE THREAT OF TPFS: EVERYONE UNDERSTANDS THE GAME EXCEPT THE CONSUMER ................................................. 398 II. CONSTITUTIONAL BARRIERS: RATIOS AND DISCLOSURES ........ 402 A. Pre-Riley: A Reasonable Compromise ............................... 402 B. Riley: Taking Away Valuab...

Majorities based on difference of votes and their extension, majorities based on difference in support, were introduced in social choice voting as tools to implement the crisp preference values (votes) and the intensities of preference provided by voters when comparing pairs of alternatives, respectively, with the aim to declare which alternative is socially preferred. Moreover, these rules req...

The paper provides a characterization of all efficient and strategy-proof voting mechamisms on a large class of preference domains, the class of all generalized single-peaked domains. It is shown that a strategy-proof voting mechanism on such a domain is efficient if and only if it satisfies a weak neutrality condition and is either almost dictatorial, or defined on a median space of dimension ...

INTRODUCTION .....................................................................................69 I. VISIONS OF THE FUTURE ..............................................................71 A. The Openists...........................................................................71 B. The Deregulationists...............................................................75 II. SHARED ECONOMIC FAIT...