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We determine the scoring rule that is most likely to select a high-ability candidate. A major result is that neither the widely used plurality rule nor the inverse-plurality rule are ever optimal, and that the Borda rule is hardly ever optimal. Furthermore, we show that only the almostplurality,...
Persistent link: https://www.econbiz.de/10011789019
We determine the scoring rule that is most likely to select a high-ability candidate. A major result is that neither the widely used plurality rule nor the inverse-plurality rule are ever optimal, and that the Borda rule is hardly ever optimal. Furthermore, we show that only the...
Persistent link: https://www.econbiz.de/10011795205
This paper analyzes how to allocate experts into committees that use the unanimity rule to make decisions. We show that an optimal allocation of experts is extremely asymmetric. To reach the optimal allocation, therefore, one needs only to rank the experts in terms of their abilities and then...
Persistent link: https://www.econbiz.de/10012992611
This paper analyzes how to allocate experts into committees that use the unanimity rule to make decisions. We show that an optimal allocation of experts is extremely asymmetric. To reach the optimal allocation, therefore, one needs only to rank the experts in terms of their abilities and then...
Persistent link: https://www.econbiz.de/10012993948
We extend approval voting so as to elect multiple candidates, who may be either individuals or members of a political … duplicate those of cumulative voting in 2-party elections, is even-handed or balanced …
Persistent link: https://www.econbiz.de/10012960207
majority voting can decide more efficiently than single-person decision-making, in terms of having a higher probability of … choosing the better alternative. Wit (1998) showed that the nonasymptotic Condorcet jury theorem holds under strategic voting …
Persistent link: https://www.econbiz.de/10012849943
We determine the scoring rule that is most likely to select a high-ability candidate. A major result is that neither the widely used plurality rule nor the inverse-plurality rule are ever optimal, and that the Borda rule is hardly ever optimal. Furthermore, we show that only the...
Persistent link: https://www.econbiz.de/10012131234
We axiomatically study voting rules without making any assumption on the ballots that voters are allowed to cast. In … this setting, we characterize the family of ''endorsement rules", which includes approval voting and the plurality rule … radically change the social outcome. Building on this result, we provide the first axiomatic characterization of approval voting …
Persistent link: https://www.econbiz.de/10012806277
We determine the scoring rule that is most likely to select a high-ability candidate. A major result is that neither the widely used plurality rule nor the inverse-plurality rule are ever optimal, and that the Borda rule is hardly ever optimal. Furthermore, we show that only the...
Persistent link: https://www.econbiz.de/10012929073
We explore the possibility of axiomatic characterization of approval voting when the set of voters is fixed and each … social choice rule is approval voting if and only if it satisfies strategy-proofness together with four standard axioms. We …-proofness. The latter result answers an open problem left in M. Vorsatz (Approval voting on dichotomous preferences, Social Choice …
Persistent link: https://www.econbiz.de/10012938068