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Full Information Equivalence in Large Elections
- Source :
- Econometrica. 90:2161-2185
- Publication Year :
- 2022
- Publisher :
- The Econometric Society, 2022.
-
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.
- Subjects :
- History
Sequence
Economics and Econometrics
Theoretical computer science
Polymers and Plastics
Computer science
media_common.quotation_subject
Information structure
Supermajority
Space (commercial competition)
Industrial and Manufacturing Engineering
Voting
State space
Business and International Management
Equivalence (measure theory)
Private information retrieval
media_common
Subjects
Details
- ISSN :
- 00129682
- Volume :
- 90
- Database :
- OpenAIRE
- Journal :
- Econometrica
- Accession number :
- edsair.doi.dedup.....03f436e8583a49ed08779c62ed47107a
- Full Text :
- https://doi.org/10.3982/ecta16376