G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10908
DP10908 Trading Votes for Votes. A Decentralized Matching Algorithm
Alessandra Casella; Thomas R Palfrey
发表日期2015-10-25
出版年2015
语种英语
摘要Vote-trading is common practice in committees and group decision-making. Yet we know very little about its properties. Inspired by the similarity between the logic of sequential rounds of pairwise vote-trading and matching algorithms, we explore three central questions that have parallels in the matching literature: (1) Does a stable allocation of votes always exists? (2) Is it reachable through a decentralized algorithm? (3) What welfare properties does it possess? We prove that a stable allocation exists and is always reached in a finite number of trades, for any number of voters and issues, for any separable preferences, and for any rule on how trades are prioritized. Its welfare properties however are guaranteed to be desirable only under specific conditions. A laboratory experiment confirms that stability has predictive power on the vote allocation achieved via sequential pairwise trades, but lends only weak support to the dynamic algorithm itself.
主题Public Economics
关键词Algorithms Matching Vote trading Voting
URLhttps://cepr.org/publications/dp10908
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/539738
推荐引用方式
GB/T 7714
Alessandra Casella,Thomas R Palfrey. DP10908 Trading Votes for Votes. A Decentralized Matching Algorithm. 2015.
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