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We study information aggregation with a biased election organizer who recruits voters at some cost. Voters are symmetric ex-ante and prefer policy a in state a and policy b in state B, but the organizer prefers policy a regardless of the state. Each recruited voter observes a private signal...
Persistent link: https://www.econbiz.de/10012929373
The modern Condorcet jury theorem states that under weak conditions, when voters have common interests, elections will aggregate information when the population is large, in any equilibrium. Here, we study the performance of large elections with population uncertainty. We find that the modern...
Persistent link: https://www.econbiz.de/10012806603
Persistent link: https://www.econbiz.de/10012197710