The winner‐take‐all dilemma
From MaRDI portal
Publication:6076913
Abstract: We consider collective decision making when the society consists of groups endowed with voting weights. Each group chooses an internal rule that specifies the allocation of its weight to the alternatives as a function of its members' preferences. Under fairly general conditions, we show that the winner-take-all rule is a dominant strategy, while the equilibrium is Pareto dominated, highlighting the dilemma structure between optimality for each group and for the whole society. We also develop a technique for asymptotic analysis and show Pareto dominance of the proportional rule. Our numerical computation for the US Electoral College verifies its sensibility.
Recommendations
Cites work
- A Local Limit Theorem and Recurrence Conditions for Sums of Independent Non-Lattice Random Variables
- Continuity and incentive compatibility in cardinal mechanisms
- Efficient compromising
- scientific article; zbMATH DE number 1470897 (Why is no real title available?)
- Inequality reducing and inequality preserving transformations of incomes: Symmetric and individualistic transformations
- Microeconomic theory
- On Inequality Comparisons
- Pareto efficiency and weighted majority rules
- Voting and collective decision-making. Bargaining and power
- Voting blocs, party discipline and party formation
Cited in
(2)
This page was built for publication: The winner‐take‐all dilemma
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6076913)