Pivato, Marcus (2007): A non-monetary form of Clarke pivotal voting.
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Abstract
The Clarke Pivotal Voting Mechanism (CPVM) elicits truthful revelation of utility functions by requiring any `pivotal' voter to pay a monetary `Clarke tax'. This neglects wealth effects and gives disproportionate power to rich voters. We propose to replace the `Clarke tax' with a lottery, wherein the pivotal voter risks long-term exclusion from the CPVM (and any other formal political participation). The resulting voting mechanism is nonmanipulable, politically egalitarian, and implements something close to Relative Utilitarianism.
Item Type: | MPRA Paper |
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Institution: | Department of Mathematics, Trent University |
Original Title: | A non-monetary form of Clarke pivotal voting |
Language: | English |
Keywords: | Pivotal Voting Mechanism; demand-revealing mechanism; Groves-Clarke; Clarke tax; Relative Utilitarianism |
Subjects: | D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement D - Microeconomics > D7 - Analysis of Collective Decision-Making > D71 - Social Choice ; Clubs ; Committees ; Associations |
Item ID: | 3964 |
Depositing User: | Marcus Pivato |
Date Deposited: | 10 Jul 2007 |
Last Modified: | 29 Sep 2019 07:38 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/3964 |