Please use this identifier to cite or link to this item: https://ir.iimcal.ac.in:8443/jspui/handle/123456789/4655
Title: Full Information Equivalence in Large Elections
Authors: Barelli, Paulo
Bhattacharya, Sourav
Siga, Lucas
Keywords: Information aggregation
Codorcet jury theorem
Scoring rules
Large elections
Issue Date: Sep-2022
Publisher: Econometrica
Series/Report no.: Vol. 90;No. 5
Abstract: We study the problem of aggregating private information in elections with two or more alternatives for a large family of scoring rules. We introduce a feasibility condition, the linear refinement condition, that characterizes when information can be aggregated asymptotically as the electorate grows large: there must exist a utility function, linear in distributions over signals, sharing the same top alternative as the primitive utility function. Our results complement the existing work where strong assumptions are imposed on the environment, and caution against potential false positives when too much structure is imposed.
Description: Biosketch: Paulo Barelli, Department of Economics, University of Rochester; Sourav Bhattacharya, Economics group, Indian Institute of Management Calcutta, Kolkata, India; Lucas Siga, Department of Economics, University of Essex .
URI: https://doi.org/10.3982/ECTA16376
https://ir.iimcal.ac.in:8443/jspui/handle/123456789/4655
ISSN: 1468-0262 (online)
Appears in Collections:Economics

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