One-dimensionality and stability in legislative voting

The widespread use in legislative studies of the one-dimensional model and its median-stability consequence raises a question: Do stability and one-dimensionality rest on evidence drawn from observed votes? They do not and cannot. I prove that every possible legislative history is compatible with a transitive majority preference (hence stability), and except in very special circumstances with a cyclic majority preference (hence instability) as well: observed votes can never refute and almost never confirm stability. One-dimensionality fares worse: any legislative history is compatible with the one-dimensional model if it includes no two votes with overlapping pairs of alternatives, but otherwise, I show, it is almost certainly incompatible with the model, even in those rare cases that ensure transitivity. Voting evidence aside, the one-dimensional model is unduly restrictive, and arguments in its defense do not survive scrutiny.     

Real Estate Markets Are Informationally Efficient: Evidence from Buyer and Agent/Broker Surveys

This article presents new evidence based on unpublished buyer surveys and real estate agent and broker surveys supporting the consensus in the published literature that real estate markets are informationally efficient. This evidence is drawn from expert reports submitted in litigation involving claims that contamination caused property value diminution, and presents a new hedonic regression model of residential sales prices that includes as an independent variable the state of knowledge of the buyer regarding a contamination event. In this model the state of knowledge of the buyer has no statistically significant effect on the sales price. The article also discusses standards for the use of buyer and agent/broker surveys in litigation.     

Assessing mandatory HPV vaccination: who should call the shots?

In 2007, many legislatures considered, and two enacted, bills mandating HPV vaccination for young girls as a condition of school attendance. Such mandates raise significant legal, ethical, and social concerns. This paper argues that mandating HPV vaccination for minor females is premature since long-term safety and effectiveness of the vaccine has not been established, HPV does not pose imminent and significant risk of harm to others, a sex specific mandate raises constitutional concerns, and a mandate will burden financially existing government health programs and private physicians. Absent careful consideration and public conversation, HPV mandates may undermine coverage rates for other vaccines.