2017
DOI: 10.1142/s0218202517400012
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Geometric vulnerability of democratic institutions against lobbying: A sociophysics approach

Serge Galam

Abstract: An alternative voting scheme is proposed to fill the democratic gap between a president elected democratically via universal suffrage (deterministic outcome, the actual majority decides), and a president elected by one person randomly selected from the population (probabilistic outcome depending on respective supports). Indeed, moving from one voting agent to a group of r randomly selected voting agents, reduces the probabilistic character of the outcome. Accordingly, building r such groups, each one electing … Show more

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Cited by 11 publications
(6 citation statements)
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References 35 publications
(86 reference statements)
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“…Initially, behavioral finance didn't take into account interactions among agents; further developments explored the process of price formation taking the latter as sociological phenomena, hence taking into account interaction between agents (see [81,135,82] and references therein). Behavioral finance aims at relating individual decision-making and individual interactions to the emergence of financial structures.…”
Section: Main Issues Toward Mathematical Modelingmentioning
confidence: 99%
“…Initially, behavioral finance didn't take into account interactions among agents; further developments explored the process of price formation taking the latter as sociological phenomena, hence taking into account interaction between agents (see [81,135,82] and references therein). Behavioral finance aims at relating individual decision-making and individual interactions to the emergence of financial structures.…”
Section: Main Issues Toward Mathematical Modelingmentioning
confidence: 99%
“…Eq. ( 4) is an approximate value [36]. Nevertheless, Figure (7) shows that than all its values are less than 10 for most ranges of p 0 besides a cusp reaching 20 in the immediate vicinity of p 0 ≈ 0.77.…”
Section: The Equationsmentioning
confidence: 87%
“…However, to get the single giant item starting from a proportion p 0 of TC ground items, does not ensures to reach one of the two attractors. To make sure an attractor is reached requires a number m of iterations given by [36],…”
Section: The Equationsmentioning
confidence: 99%
“…Aside from the basic model, there have been several extensions [16,18,22,23]. The authors of [31] studied a model with group size 3 and probabilistic adoption of the group majority.…”
Section: Introductionmentioning
confidence: 99%
“…This is motivated by the observation that if we introduce a tiebreaker in case of a draw for even r, where each option is then chosen with probability 1/2, then the dynamics of the model correspond to that of the model with r − 1 odd. See equation (2.8) in [18].…”
Section: Introductionmentioning
confidence: 99%