A simple scheme to improve the efficiency of referenda

A simple scheme to improve the efficiency of ...
Alessandra Casella, Alessandra ...
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Last edited by MARC Bot
December 13, 2020 | History

A simple scheme to improve the efficiency of referenda

"This paper proposes a simple scheme designed to elicit and reward intensity of preferences in referenda: voters faced with a number of binary proposals are given one regular vote for each proposal plus an additional number of bonus votes to cast as desired. Decisions are taken according to the majority of votes cast. In our base case, where there is no systematic difference between proposals' supporters and opponents, there is always a positive number of bonus votes such that ex ante utility is increased by the scheme, relative to simple majority voting. When the distributions of valuations of supporters and opponents differ, the improvement in efficiency is guaranteed only if the distributions can be ranked according to first order stochastic dominance. If they are, however, the existence of welfare gains is independent of the exact number of bonus votes"--National Bureau of Economic Research web site.

Publish Date
Language
English

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Cover of: A simple scheme to improve the efficiency of referenda
A simple scheme to improve the efficiency of referenda
2005, National Bureau of Economic Research
Electronic resource in English

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Book Details


Edition Notes

Includes bibliographical references.
Title from PDF file as viewed on 7/1/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.

Published in
Cambridge, MA
Series
NBER working paper series ;, working paper 11375, Working paper series (National Bureau of Economic Research : Online) ;, working paper no. 11375.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

Edition Identifiers

Open Library
OL3478276M
LCCN
2005618278

Work Identifiers

Work ID
OL3665224W

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