IDEAS home Printed from https://ideas.repec.org/p/huj/dispap/dp363.html
   My bibliography  Save this paper

A Law of Large Numbers for Weighted Majority

Author

Listed:
  • Olle Haggstrom
  • Gil Kalai
  • Elchanan Mossel

Abstract

Consider an election between two candidates in which the voters’ choices are random and independent and the probability of a voter choosing the first candidate is p > 1/2. Condorcet’s Jury Theorem which he derived from the weak law of large numbers asserts that if the number of voters tends to infinity then the probability that the first candidate will be elected tends to one. The notion of influence of a voter or its voting power is relevant for extensions of the weak law of large numbers for voting rules which are more general than simple majority. In this paper we point out two different ways to extend the classical notions of voting power and influences to arbitrary probability distributions. The extension relevant to us is the “effect” of a voter, which is a weighted version of the correlation between the voter’s vote and the election’s outcomes. We prove an extension of the weak law of large numbers to weighted majority games when all individual effects are small and show that this result does not apply to any voting rule which is not based on weighted majority.

Suggested Citation

  • Olle Haggstrom & Gil Kalai & Elchanan Mossel, 2004. "A Law of Large Numbers for Weighted Majority," Discussion Paper Series dp363, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
  • Handle: RePEc:huj:dispap:dp363
    as

    Download full text from publisher

    File URL: http://ratio.huji.ac.il/sites/default/files/publications/dp363.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gil Kalai, 2004. "Social Indeterminacy," Discussion Paper Series dp362, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    2. Gil Kalai, 2004. "Social Indeterminacy," Econometrica, Econometric Society, vol. 72(5), pages 1565-1581, September.
    3. Milgrom, Paul R & Weber, Robert J, 1982. "A Theory of Auctions and Competitive Bidding," Econometrica, Econometric Society, vol. 50(5), pages 1089-1122, September.
    4. Young, H. P., 1988. "Condorcet's Theory of Voting," American Political Science Review, Cambridge University Press, vol. 82(4), pages 1231-1244, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gil Kalai & Muli Safra, 2005. "Threshold Phenomena and Influence," Levine's Bibliography 666156000000000683, UCLA Department of Economics.
    2. Gil Kalai & Shmuel Safra, 2005. "Threshold Phenomena and Influence, with Some Perspectives from Mathematics, Computer Science, and Economics," Discussion Paper Series dp398, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Joe Neeman, 2014. "A law of large numbers for weighted plurality," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 42(1), pages 99-109, January.
    2. Beigman, Eyal, 2010. "Simple games with many effective voters," Games and Economic Behavior, Elsevier, vol. 68(1), pages 15-22, January.
    3. Emilio De Santis & Fabio Spizzichino, 2023. "Construction of voting situations concordant with ranking patterns," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 46(1), pages 129-156, June.
    4. Gil Kalai & Elchanan Mossel, 2015. "Sharp Thresholds for Monotone Non-Boolean Functions and Social Choice Theory," Mathematics of Operations Research, INFORMS, vol. 40(4), pages 915-925, October.
    5. Hongpeng Guo & Zhihao Lv & Junyi Hua & Hongxu Yuan & Qingyu Yu, 2021. "Design of Combined Auction Model for Emission Rights of International Forestry Carbon Sequestration and Other Pollutants Based on SMRA," Sustainability, MDPI, vol. 13(20), pages 1-18, October.
    6. Yusuke Matsuki, 2016. "A Distribution-Free Test of Monotonicity with an Application to Auctions," Working Papers e110, Tokyo Center for Economic Research.
    7. Vinci Chow, 2019. "Predicting Auction Price of Vehicle License Plate with Deep Residual Learning," Papers 1910.04879, arXiv.org.
    8. Yeon-Koo Che & Ian Gale, 1994. "Auctions with budget-constrained buyers: a nonequivalence result," Working Papers (Old Series) 9402, Federal Reserve Bank of Cleveland.
    9. Kathryn M. Dominguez, 1991. "Do Exchange Auctions Work? An Examination of the Bolivian Experience," NBER Working Papers 3683, National Bureau of Economic Research, Inc.
    10. Giuseppe Topa & Alain Karsenty & Carole Megevand & Laurent Debroux, 2009. "The Rainforests of Cameroon : Experience and Evidence from a Decade of Reform," World Bank Publications - Books, The World Bank Group, number 2683, December.
    11. Rasmusen Eric Bennett, 2006. "Strategic Implications of Uncertainty over One's Own Private Value in Auctions," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 6(1), pages 1-22, November.
    12. Thomas D. Jeitschko, 1998. "Learning in Sequential Auctions," Southern Economic Journal, John Wiley & Sons, vol. 65(1), pages 98-112, July.
    13. Christian Gollier & James Hammitt & Nicolas Treich, 2013. "Risk and choice: A research saga," Journal of Risk and Uncertainty, Springer, vol. 47(2), pages 129-145, October.
    14. Noelia Rico & Camino R. Vela & Raúl Pérez-Fernández & Irene Díaz, 2021. "Reducing the Computational Time for the Kemeny Method by Exploiting Condorcet Properties," Mathematics, MDPI, vol. 9(12), pages 1-12, June.
    15. Renato Gomes & Alessandro Pavan, 2013. "Cross-Subsidization and Matching Design," Discussion Papers 1559, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    16. Jinpeng Ma, 1997. "English Auctions and Walrasian Equilibria with Multiple Objects: a dynamic approach," Departmental Working Papers 199702, Rutgers University, Department of Economics.
    17. Vladimirov, Vladimir, 2015. "Financing bidders in takeover contests," Journal of Financial Economics, Elsevier, vol. 117(3), pages 534-557.
    18. Khurshid Alam & Sakiba Tasneem & Molla Huq, 2014. "Reservation wage of female volunteer community health workers in Dhaka urban slums: a bidding game approach," Health Economics Review, Springer, vol. 4(1), pages 1-10, December.
    19. Chi, Chang Koo & Murto, Pauli & Valimaki, Juuso, 2017. "All-Pay Auctions with Affiliated Values," MPRA Paper 80799, University Library of Munich, Germany.
    20. Ming Chen & Sareh Nabi & Marciano Siniscalchi, 2023. "Advancing Ad Auction Realism: Practical Insights & Modeling Implications," Papers 2307.11732, arXiv.org, revised Apr 2024.

    More about this item

    Keywords

    law of large numbers; voting power; influences; boolean functions; monotone simple games; aggregation of informations; the voting paradox;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:huj:dispap:dp363. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael Simkin (email available below). General contact details of provider: https://edirc.repec.org/data/crihuil.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.