The political market and the D'Hont Electoral System in Argentina
Keywords:
Electoral system, D'hont system, Social Welfare FunctionAbstract
In this brief note, we present a reflection on the still excessive simplification contained in the statement that in the political markets of supply and demand of public policies, one vote is equivalent to one unit of purchase (one peso, one dollar, one euro ) of the goods and services markets. It also concludes that the presumption that politicians elected in democratic elections faithfully reflect the preferences, tastes, scales of values and ideology of voting citizens is highly questionable, and therefore we can not precisely consider them "faithful representatives and efficient maximizers of our Function of Social Welfare ", underlying principle out of all discussion and taken as a starting point in the formal construction of most conventional macroeconomic models of general equilibrium.Downloads
References
Arrow Kenneth (1950), "A difficulty in the concept of Social Welfare", The Journal of Political Economy", Vol. 54, Issue 4 (august 1950), pags. 328-346.
Arrow Kenneth (1951), Social Choice and Individual Values. Baliski Michael y Young Peyton (1982), "Fair Representation: meeting the ideal of one man one vote", ("Representación Justa: alcanzando el ideal de un hombre, un voto"), Yale University Press, New Haven, Connecticut, USA.
Buchanan J.M., Gordon Tullock (1962), The Calculus of Consent, University of Michigan Press.
Heckleman Jack Editor (2004), Readings in Public Choice Economics.
Nohler Dieter, (1981), Sistemas electorales en el mundo, Centro de Estudios Constitucionales, Madrid.
Tullock Gordon (2000), "Government failure: a primer in Public Choice" .
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