Information aggregation with a continuum of types

Irem Bozbay, Hans Peters

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

We study the problem of designing a voting rule which makes voting by cut-off 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. 

Original languageEnglish
Pages (from-to)46-49
Number of pages4
JournalEconomics Letters
Volume180
DOIs
Publication statusPublished - Jul 2019

Keywords

  • Continuous types
  • Binary voting
  • Efficient information aggregation

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