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Approval voting and scoring rules with common values

Author

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  • Ahn, David S.
  • Oliveros, Santiago

Abstract

We compare approval voting with other scoring rules for environments with common values and private information. For finite electorates, the best equilibrium under approval voting is superior to plurality rule or negative voting. For large electorates, if any scoring rule yields a sequence of equilibria that efficiently aggregates information, then approval voting must do so as well.

Suggested Citation

  • Ahn, David S. & Oliveros, Santiago, 2016. "Approval voting and scoring rules with common values," Journal of Economic Theory, Elsevier, vol. 166(C), pages 304-310.
    • Handle: RePEc:eee:jetheo:v:166:y:2016:i:c:p:304-310
    DOI: 10.1016/j.jet.2016.09.002
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    References listed on IDEAS

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    1. Bouton, Laurent & Castanheira, Micael & Llorente-Saguer, Aniol, 2016. "Divided majority and information aggregation: Theory and experiment," Journal of Public Economics, Elsevier, vol. 134(C), pages 114-128.
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    3. Giles, Adam & Postl, Peter, 2014. "Equilibrium and effectiveness of two-parameter scoring rules," Mathematical Social Sciences, Elsevier, vol. 68(C), pages 31-52.
    4. Myerson, Roger B., 2002. "Comparison of Scoring Rules in Poisson Voting Games," Journal of Economic Theory, Elsevier, vol. 103(1), pages 219-251, March.
    5. Goertz, Johanna M.M. & Maniquet, François, 2011. "On the informational efficiency of simple scoring rules," Journal of Economic Theory, Elsevier, vol. 146(4), pages 1464-1480, July.
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    More about this item

    Keywords

    Approval voting; Scoring rule; Plurality rule; Information aggregation;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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