G2TT
来源类型Discussion paper
规范类型论文
来源IDDP17044
DP17044 Risky Vote Delegation
Hans Gersbach; Akaki Mamageishvili; Manvir Schneider
发表日期2022-02-17
出版年2022
语种英语
摘要We study vote delegation and compare it with conventional voting. Typical examples for vote delegation are validation or governance tasks on blockchains and liquid democracy. There is a majority of "well-behaving" agents, but they may abstain or delegate their vote to other agents since voting is costly. "Misbehaving" agents always vote. Preferences of agents are private information and a positive outcome is achieved if well-behaving agents win. Vote delegation can lead to quite different outcomes than conventional voting. For instance, if the number of misbehaving voters, denoted by f, is high, both voting methods fail to deliver a positive outcome. If the number of misbehaving voters takes an intermediate value, conventional voting delivers a positive outcome, while vote delegation fails with probability one. However, if f is low, we show by numerical simulations that delegation delivers a positive outcome with higher probability than conventional voting. Our results also provide insights in worst-case outcomes that can happen in a liquid democracy.
主题Industrial Organization ; Organizational Economics ; Political Economy ; Public Economics
关键词Costly voting - delegation - rational voters - governance - liquid democracy - blockchain
URLhttps://cepr.org/publications/dp17044
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/546001
推荐引用方式
GB/T 7714
Hans Gersbach,Akaki Mamageishvili,Manvir Schneider. DP17044 Risky Vote Delegation. 2022.
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