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A Study of Quadratic Voting.
~
Liang, Philip Chijui.
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A Study of Quadratic Voting.
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
A Study of Quadratic Voting./
作者:
Liang, Philip Chijui.
出版者:
Ann Arbor : ProQuest Dissertations & Theses, : 2021,
面頁冊數:
91 p.
附註:
Source: Dissertations Abstracts International, Volume: 83-01, Section: A.
Contained By:
Dissertations Abstracts International83-01A.
標題:
Political science. -
電子資源:
https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=28412187
ISBN:
9798516958892
A Study of Quadratic Voting.
Liang, Philip Chijui.
A Study of Quadratic Voting.
- Ann Arbor : ProQuest Dissertations & Theses, 2021 - 91 p.
Source: Dissertations Abstracts International, Volume: 83-01, Section: A.
Thesis (Ph.D.)--The University of Chicago, 2021.
This item must not be sold to any third party vendors.
Quadratic Voting (QV) is a promising technique for improving group decision-making by accounting for preference intensities. QV is a social choice mechanism in which voters buy votes for or against a proposal at a quadratic cost and the outcome with the most votes wins. In some cases, individuals are asymmetrically informed about the effects of legislation and therefore their valuations of legislation. For instance, anti-corruption legislation is the most beneficial to taxpayers and the most detrimental to corrupt officials when corruption opportunities are plentiful, but government officials have better information than taxpayers about how many corruption opportunities exist. I provide an example of a setting in a large population where QV does not achieve approximate efficiency despite majority voting achieving full efficiency. In this example, a society considers an anti-corruption policy that protects taxpayers from corruption by deterring corruption. Officials know whether corruption opportunities exist, but taxpayers are uncertain about whether corruption opportunities exist. I present surprising experimental results showing that in one case where theory predicts QV will perform poorly and majority voting will perform relatively well, QV performs much better than expected and is about as efficient as majority voting.
ISBN: 9798516958892Subjects--Topical Terms:
528916
Political science.
Subjects--Index Terms:
Collective decisions
A Study of Quadratic Voting.
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Quadratic Voting (QV) is a promising technique for improving group decision-making by accounting for preference intensities. QV is a social choice mechanism in which voters buy votes for or against a proposal at a quadratic cost and the outcome with the most votes wins. In some cases, individuals are asymmetrically informed about the effects of legislation and therefore their valuations of legislation. For instance, anti-corruption legislation is the most beneficial to taxpayers and the most detrimental to corrupt officials when corruption opportunities are plentiful, but government officials have better information than taxpayers about how many corruption opportunities exist. I provide an example of a setting in a large population where QV does not achieve approximate efficiency despite majority voting achieving full efficiency. In this example, a society considers an anti-corruption policy that protects taxpayers from corruption by deterring corruption. Officials know whether corruption opportunities exist, but taxpayers are uncertain about whether corruption opportunities exist. I present surprising experimental results showing that in one case where theory predicts QV will perform poorly and majority voting will perform relatively well, QV performs much better than expected and is about as efficient as majority voting.
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