The Econometric SocietyEdited by: Marina Halac • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Econometrica: Mar, 1974, Volume 42, Issue 2
https://www.jstor.org/stable/1911974
p. 239-252
Jerry S. Kelly
Assuming each assignment of strong preference orderings to individuals is equally likely, we examine how the probability of social intransitivity (under asimple majority vote decision rule) changes with changes in the number of alternatives and the number of voters. A similar study is made of violation of quasi-transitivity and failure of existence of a maximal alternative.
December 11, 2025
We are deeply saddened by the passing of Kate Ho, the John L. Weinberg Professor of Economics and Business Policy at Princeton University and a Fellow of the Econometric Society. Kate was a brilliant IO economist and scholar whose impact on the profession will resonate for many years to come.
