IDEAS home Printed from https://ideas.repec.org/p/cpr/ceprdp/13479.html
   My bibliography  Save this paper

Storable Votes and Quadratic Voting. An Experiment on Four California Propositions

Author

Listed:
  • Casella, Alessandra
  • Sanchez, Luis

Abstract

Storable Votes and Quadratic Voting are voting systems designed to account for voters' intensity of preferences. We test their performance in two samples of California residents using data on four initiatives prepared for the 2016 California ballot. We bootstrap the original samples and generate two sets of 10,000 multi-elections simulations. As per design, both systems induce minority victories and result in higher expected welfare relative to majority voting. In our parametrization, quadratic voting induces more minority victories and achieves higher average welfare, but causes more frequent inefficient minority victories. The results are robust to different plausible rules-of-thumb in casting votes.

Suggested Citation

  • Casella, Alessandra & Sanchez, Luis, 2019. "Storable Votes and Quadratic Voting. An Experiment on Four California Propositions," CEPR Discussion Papers 13479, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:13479
    as

    Download full text from publisher

    File URL: https://cepr.org/publications/DP13479
    Download Restriction: CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Casella Alessandra & Ehrenberg Shuky & Gelman Andrew & Shen Jie, 2010. "Protecting Minorities in Large Binary Elections: A Test of Storable Votes Using Field Data," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-35, October.
    2. JAMES G. MacKINNON, 2006. "Bootstrap Methods in Econometrics," The Economic Record, The Economic Society of Australia, vol. 82(s1), pages 2-18, September.
    3. Casella, Alessandra & Gelman, Andrew, 2008. "A simple scheme to improve the efficiency of referenda," Journal of Public Economics, Elsevier, vol. 92(10-11), pages 2240-2261, October.
    4. Christoph Bartneck & Andreas Duenser & Elena Moltchanova & Karolina Zawieska, 2015. "Comparing the Similarity of Responses Received from Studies in Amazon’s Mechanical Turk to Studies Conducted Online and with Direct Recruitment," PLOS ONE, Public Library of Science, vol. 10(4), pages 1-23, April.
    5. David Quarfoot & Douglas Kohorn & Kevin Slavin & Rory Sutherland & David Goldstein & Ellen Konar, 2017. "Quadratic voting in the wild: real people, real votes," Public Choice, Springer, vol. 172(1), pages 283-303, July.
    6. Casella, Alessandra, 2012. "Storable Votes: Protecting the Minority Voice," OUP Catalogue, Oxford University Press, number 9780195309089.
    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. David K. Levine, 2020. "Radical Markets by Eric Posner and E. Glen Weyl: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 58(2), pages 471-487, June.
    2. Kirsten Cornelson & Boriana Miloucheva, 2022. "Political polarization and cooperation during a pandemic," Health Economics, John Wiley & Sons, Ltd., vol. 31(9), pages 2025-2049, September.
    3. Casella, Alessandra & Macé, Antonin, 2020. "Does Vote Trading Improve Welfare?," CEPR Discussion Papers 15201, C.E.P.R. Discussion Papers.

    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. Alessandra Casella & Sébastien Turban & Gregory Wawro, 2017. "Storable votes and judicial nominations in the US Senate," Journal of Theoretical Politics, , vol. 29(2), pages 243-272, April.
    2. Casella Alessandra & Ehrenberg Shuky & Gelman Andrew & Shen Jie, 2010. "Protecting Minorities in Large Binary Elections: A Test of Storable Votes Using Field Data," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-35, October.
    3. Alessandra Casella & Antonin Macé, 2021. "Does Vote Trading Improve Welfare?," Annual Review of Economics, Annual Reviews, vol. 13(1), pages 57-86, August.
    4. Casella, Alessandra & Macé, Antonin, 2020. "Does Vote Trading Improve Welfare?," CEPR Discussion Papers 15201, C.E.P.R. Discussion Papers.
    5. Dean V. Williamson, 2010. "Financial-Market Contracting," Chapters, in: Peter G. Klein & Michael E. Sykuta (ed.), The Elgar Companion to Transaction Cost Economics, chapter 24, Edward Elgar Publishing.
    6. Silva João M. C. Santos & Tenreyro Silvana & Windmeijer Frank, 2015. "Testing Competing Models for Non-negative Data with Many Zeros," Journal of Econometric Methods, De Gruyter, vol. 4(1), pages 1-18, January.
    7. Marco Caliendo & Stefan Tübbicke, 2020. "New evidence on long-term effects of start-up subsidies: matching estimates and their robustness," Empirical Economics, Springer, vol. 59(4), pages 1605-1631, October.
    8. Chakravarty, Surajeet & Kaplan, Todd R. & Myles, Gareth, 2018. "When costly voting is beneficial," Journal of Public Economics, Elsevier, vol. 167(C), pages 33-42.
    9. David K. Levine, 2020. "Radical Markets by Eric Posner and E. Glen Weyl: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 58(2), pages 471-487, June.
    10. Wai-Yip Alex Ho & James Yetman, 2014. "Do economies stall?," Applied Economics, Taylor & Francis Journals, vol. 46(35), pages 4267-4275, December.
    11. Nobuyuki Hanaki & Nicolas Jacquemet & Stéphane Luchini & Adam Zylbersztejn, 2016. "Cognitive ability and the effect of strategic uncertainty," Theory and Decision, Springer, vol. 81(1), pages 101-121, June.
    12. Knotek, Edward S. & Zaman, Saeed, 2023. "Real-time density nowcasts of US inflation: A model combination approach," International Journal of Forecasting, Elsevier, vol. 39(4), pages 1736-1760.
    13. Casella, Alessandra & Turban, Sébastien, 2014. "Democracy undone. Systematic minority advantage in competitive vote markets," Games and Economic Behavior, Elsevier, vol. 88(C), pages 47-70.
    14. Darcy W. E. Allen & Chris Berg & Aaron M. Lane & Jason Potts, 2020. "Cryptodemocracy and its institutional possibilities," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(3), pages 363-374, September.
    15. Martin Huber & Michael Lechner & Giovanni Mellace, 2017. "Why Do Tougher Caseworkers Increase Employment? The Role of Program Assignment as a Causal Mechanism," The Review of Economics and Statistics, MIT Press, vol. 99(1), pages 180-183, March.
    16. Russell Davidson & James G. MacKinnon, 2015. "Bootstrap Tests for Overidentification in Linear Regression Models," Econometrics, MDPI, vol. 3(4), pages 1-39, December.
    17. Debra A. Hoffmann & Jenna M. Marx & Jacob M. Burmeister & Dara R. Musher-Eizenman, 2018. "Friday Night Is Pizza Night: A Comparison of Children’s Dietary Intake and Maternal Perceptions and Feeding Goals on Weekdays and Weekends," IJERPH, MDPI, vol. 15(4), pages 1-12, April.
    18. Casella, Alessandra & Laslier, Jean-François & Macé, Antonin, 2017. "Democracy for Polarized Committees: The Tale of Blotto's Lieutenants," Games and Economic Behavior, Elsevier, vol. 106(C), pages 239-259.
    19. La Vecchia, Davide & Moor, Alban & Scaillet, Olivier, 2023. "A higher-order correct fast moving-average bootstrap for dependent data," Journal of Econometrics, Elsevier, vol. 235(1), pages 65-81.
    20. Huber, Martin & Lechner, Michael & Wunsch, Conny, 2015. "Workplace health promotion and labour market performance of employees," Journal of Health Economics, Elsevier, vol. 43(C), pages 170-189.

    More about this item

    Keywords

    Democracy; Voting; Majority;
    All these keywords.

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

    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:cpr:ceprdp:13479. 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: the person in charge (email available below). General contact details of provider: https://www.cepr.org .

    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.