Social Choice in the Real World II: Cyclical Preferences and Strategic Voting in the Finnish Presidential Elections

The empirical relevance of the theoretical results of social choice theory is still unclear. The most radical thesis, put forth by William Riker, is that politics is a highly unstable process, characterized by preference cycles and strategic voting. This article - a continuation of an earlier article published in this journal - examines the Finnish presidential election in 1925, 1931, 1937 and 1982. The conclusion is that preference cycle and strategic voting have had a significant impact in the discussed cases. The relevancy of the social choice approach and its relation to historical research are discussed.