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来源类型Working Paper
规范类型报告
DOI10.3386/w9982
来源IDWorking Paper 9982
An Experimental Study of Storable Votes
Alessandra Casella; Andrew Gelman; Thomas R. Palfrey
发表日期2003-09-22
出版年2003
语种英语
摘要The storable votes mechanism is a method of voting for committees that meet periodically to consider a series of binary decisions. Each member is allocated a fixed budget of votes to be cast as desired over the multiple decisions. Voters are induced to spend more votes on those decisions that matter to them most, shifting the ex ante probability of winning away from decisions they value less and towards decisions they value more, typically generating welfare gains over standard majority voting with non-storable votes. The equilibrium strategies have a very intuitive feature---the number of votes cast must be monotonic in the voter's intensity of preferences---but are otherwise difficult to calculate, raising questions of practical implementation. In our experiments, realized efficiency levels were remarkably close to theoretical equilibrium predictions, while subjects adopted monotonic but off-equilibrium strategies. We are lead to conclude that concerns about the complexity of the game may have limited practical relevance.
主题Public Economics ; Econometrics ; Experimental Design
URLhttps://www.nber.org/papers/w9982
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/567607
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GB/T 7714
Alessandra Casella,Andrew Gelman,Thomas R. Palfrey. An Experimental Study of Storable Votes. 2003.
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