A non-monetary form of Clarke pivotal voting
The Clarke Pivotal Voting Mechanism (CPVM) elicits truthful revelation of utility functions by requiring any `pivotal' voter to pay a monetary `Clarke tax'. This neglects wealth effects and gives disproportionate power to rich voters. We propose to replace the `Clarke tax' with a lottery, wherein the pivotal voter risks long-term exclusion from the CPVM (and any other formal political participation). The resulting voting mechanism is nonmanipulable, politically egalitarian, and implements something close to Relative Utilitarianism.
|Date of creation:||10 Jul 2007|
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- Amrita Dhillon & Jean-Francois Mertens, 1999.
Econometric Society, vol. 67(3), pages 471-498, May.
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