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来源类型Working Paper
规范类型报告
DOI10.3386/w29389
来源IDWorking Paper 29389
Interpreting the Will of the People: A Positive Analysis of Ordinal Preference Aggregation
Sandro Ambuehl; B. Douglas Bernheim
发表日期2021-10-25
出版年2021
语种英语
摘要Collective decision making requires preference aggregation even if no ideal aggregation method exists (Arrow, 1950). We investigate how individuals think groups should aggregate members' ordinal preferences—that is, how they interpret "the will of the people." Our experiment elicits revealed attitudes toward ordinal preference aggregation and classifies subjects according to the rules they implicitly deploy. Majoritarianism is rare while rules that promote compromise are common. People evaluate relative sacrifice by inferring cardinal utility from ordinal ranks. Cluster analysis reveals that our classification encompasses all important aggregation rules. Aggregation methods exhibit stability across domains and across countries with divergent traditions.
主题Econometrics ; Experimental Design ; Microeconomics ; Welfare and Collective Choice
URLhttps://www.nber.org/papers/w29389
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/587063
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Sandro Ambuehl,B. Douglas Bernheim. Interpreting the Will of the People: A Positive Analysis of Ordinal Preference Aggregation. 2021.
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