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What Happens in Paris, Does Not Stay in Paris: Trade Fairs and Search and Matching Frictions - new SSRN paper by Gábor Békés and his co-authors Read more

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Social network benefits for cluster firms: A co-worker mobility approach - new co-authored study by Balázs Lengyel and László Lőrincz in Environment and Planning A: Economy and Space Read more

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The non-state actor contestation of battery factory investments in Hungary: the activism of GÖD-ÉRT and MIAKÖ - article by Judit Ricz and Andrea Éltető in Society and Economy in Central and Eastern Europe Read more

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Forecasting Aluminum Futures Prices: A Comparative Evaluation of Classical, Deep Learning and Transformer-based Models - new co-authored article by Tibor Bareith Read more

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KTI Seminar: Héctor Hermida-Rivera – Self-Equivalent Voting Rules

The presentation will take place in a hybrid format via zoom interface or in person in the seminar room T.4.23 on 22.05.2025, from 13.00.

Speaker: Héctor Hermida-Rivera

Title: Self-Equivalent Voting Rules

Abstract:

In this paper, I introduce a novel stability axiom for stochastic voting rules—called self-equivalence—by which a society considering whether to replace its voting rule using itself will choose not do so. I then show that under the unrestricted strict preference domain, a voting rule satisfying the democratic principles of anonymity, optimality, monotonicity and neutrality is self-equivalent if and only if it is proportional (i.e., uniform random dictatorship). Thus, any society that desires stability and adheres to the aforementioned democratic principles is bound to either employ proportional voting rule or decide whether to change its voting rule using a voting rule other than itself.

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