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A Simple Scheme to Improve the Efficiency of Referenda
[report]
2005
unpublished
This paper proposes a simple scheme designed to elicit and reward intensity of preferences in referenda: voters faced with a number of binary proposals are given one regular vote for each proposal plus an additional number of bonus votes to cast as desired. Decisions are taken according to the majority of votes cast. In our base case, where there is no systematic difference between proposals' supporters and opponents, there is always a positive number of bonus votes such that ex ante utility is
doi:10.3386/w11375
fatcat:sreyumwfoje5niw4gcf2yvtd5e