INSTITUTE OF MATHEMATICAL ECONOMICS

Laurent Vidu

Working-Paper No. 316

Dec. 1999

Abstract

In this paper we show that 2/3 is the minimal quota that guarantees the transitivity of a complete majority relation. We argue that this quota is important for the process of negotiation that may take place when a group has to take a clear-cut decision under a specific quota-rule.

Keywords: quota-rules, completeness, communication

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