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Storable votes and quadratic voting : an experiment on four California propositions

Author: Alessandra Casella; Luis Sanchez; Centre for Economic Policy Research (Great Britain),
Publisher: London : Centre for Economic Policy Research, 2019.
Series: Discussion paper (Centre for Economic Policy Research (Great Britain)), no. 13479.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Storable Votes and Quadratic Voting are voting systems designed to account for voters' intensity of preferences. We test their performance in two samples of California residents using data on four initiatives prepared for the 2016 California ballot. We bootstrap the original samples and generate two sets of 10,000 multi-elections simulations. As per design, both systems induce minority victories and result in higher  Read more...
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Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Alessandra Casella; Luis Sanchez; Centre for Economic Policy Research (Great Britain),
OCLC Number: 1084747110
Notes: "Published 23 January 2019"
"Submitted 22 January 2019"
Description: 1 online resource (39 pages) : illustrations.
Series Title: Discussion paper (Centre for Economic Policy Research (Great Britain)), no. 13479.
Responsibility: Alessandra Casella and Luis Sanchez.

Abstract:

Storable Votes and Quadratic Voting are voting systems designed to account for voters' intensity of preferences. We test their performance in two samples of California residents using data on four initiatives prepared for the 2016 California ballot. We bootstrap the original samples and generate two sets of 10,000 multi-elections simulations. As per design, both systems induce minority victories and result in higher expected welfare relative to majority voting. In our parametrization, quadratic voting induces more minority victories and achieves higher average welfare, but causes more frequent inefficient minority victories. The results are robust to different plausible rules-of-thumb in casting votes.

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