Abstract
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.
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