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Aggregation of Preferences with Variable Electorate
John H. Smith
Vol. 41, No. 6 (Nov., 1973), pp. 1027-1041
Published by: The Econometric Society
Stable URL: http://www.jstor.org/stable/1914033
Page Count: 15
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Necessary and sufficient conditions are given for an aggregation procedure to be a "point system" or "generalized point system." In Sections 4 and 5 various "runoff" systems and their properties are discussed but no equivalent characterization is obtained.
Econometrica © 1973 The Econometric Society