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Information aggregation with a continuum of types
Journal article   Open access  Peer reviewed

Information aggregation with a continuum of types

Irem Bozbay and Hans Peters
Economics Letters, Vol.180, pp.46-49
07/2019

Abstract

Continuous types binary voting efficient information aggregation
We study the problem of designing a voting rule which makes voting by cutoff strategies efficient for settings where voters have state-dependent common preferences over and vote on accepting or rejecting an issue but hold private information in the form of continuous types about the true state. We show that such rules only exist under a restrictive condition on the model parameters.
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https://doi.org/10.1016/j.econlet.2019.03.035View
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