Seminar den 16. september, 2013

Micael Castanheira de Moura, Université Libre de Bruxelles-ECARES

Mandag, 16 september, 2013 - 13:00 to 14:00

Divided Majority and Information Aggregation: Theory and Experiment



This paper studies theoretically and experimentally the properties of plurality and approval voting when a majority gets divided by information imperfections. The majority faces two challenges: aggregating information to select the best majority candidate and coordinating to defeat the minority candidate. Under plurality, the majority cannot achieve both goals at once. Under approval voting, it can: welfare is strictly higher because some voters approve of both majority alternatives. In the laboratory, we find (i) strong evidence of strategic voting, and (ii) superiority of approval voting over plurality. Finally, subject behavior suggests the need to study equilibria in asymmetric strategies.



Battista Severgnini
Cédric Schneider

Sidst opdateret: Department of Economics // 17/12/2017