Storable Votes Protecting the Minority Voice

Description

• Author(s)
  Alessandra Casella
• Publisher
  Oxford University Press
• Format
  PDF
• Print ISBN
  9780195309089, 0195309081
• eText ISBN
  9780195309089, 0195309081
• Edition
• Copyright
• Details
  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.