Showing 1 - 8 of 8
Often an organization or government must allocate goods without collecting payment in return. This may pose a difficult problem either when agents receiving those goods have private information in regards to their values or needs or when discriminating among agents using known differences is not...
Persistent link: https://www.econbiz.de/10003964347
We present a costly voting model in which each voter has a private valuation for their preferred outcome of a vote. When there is a zero cost to voting, all voters vote and hence all values are counted equally regardless of how high they may be. By having a cost to voting, only those with high...
Persistent link: https://www.econbiz.de/10003964351
We examine an environment with n voters each with a private value over two alternatives. We compare the social surplus of two mechanisms for deciding between them: majority voting and shouting. In majority voting, the choice with the most votes wins. With shouting, the voter who shouts the...
Persistent link: https://www.econbiz.de/10003964353
Persistent link: https://www.econbiz.de/10009671145
Persistent link: https://www.econbiz.de/10010343539
Persistent link: https://www.econbiz.de/10010343546
Persistent link: https://www.econbiz.de/10012261127
Persistent link: https://www.econbiz.de/10012651315