Storable Votes
Author | : Alessandra Casella |
Publisher | : Oxford University Press on Demand |
Total Pages | : 381 |
Release | : 2012-01-12 |
ISBN-10 | : 9780195309096 |
ISBN-13 | : 019530909X |
Rating | : 4/5 (96 Downloads) |
Download or read book Storable Votes written by Alessandra Casella and published by Oxford University Press on Demand. This book was released on 2012-01-12 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Storable votes allow the minority to win occasionally while treating every voter equally and increasing the efficiency of decision-making, without the need for external knowledge of voters' preferences. This book complements the theoretical discussion with several experiments, showing that the promise of the idea is borne out by the data: the outcomes of the experiments and the payoffs realized match very closely the predictions of the theory.