Information design for weighted voting

IF 1.2 3区 经济学 Q3 ECONOMICS Economic Theory Pub Date : 2024-09-19 DOI:10.1007/s00199-024-01599-0
Toygar T. Kerman, Anastas P. Tenev
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Abstract

We consider a sender who wishes to persuade multiple receivers to vote in favor of a proposal and sends them private correlated messages that are conditional on the true state of the world. The receivers share a common prior, wish to implement the outcome that matches the true state, and have homogeneous preferences. However, they are heterogeneous in their voting weights. We consider both behavioral and sophisticated voters. When voters are behavioral, public communication is optimal if and only if there is a veto player. For sophisticated voters, we establish lower bounds on the sender’s gain from persuasion for general voting quotas and show that the sender can often improve upon public communication. Finally, in an extension, we show that even when behavioral voters have heterogeneous prior beliefs, public communication is optimal if and only if there is a veto player.

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加权投票的信息设计
我们考虑到一个发送者希望说服多个接收者投票支持一项提案,并向他们发送以世界真实状态为条件的私人相关信息。接收者有一个共同的先验,希望实现与真实状态相匹配的结果,并且具有同质的偏好。然而,他们的投票权重是异质的。我们既考虑行为选民,也考虑成熟选民。当选民是行为选民时,当且仅当存在一个否决者时,公开交流才是最优的。对于成熟选民,我们建立了一般投票配额下发送者说服收益的下限,并证明发送者通常可以改进公开交流。最后,通过扩展,我们证明了即使行为选民的先验信念是异质的,当且仅当存在一个否决者时,公开交流也是最优的。
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来源期刊
Economic Theory
Economic Theory ECONOMICS-
CiteScore
2.50
自引率
23.10%
发文量
68
期刊介绍: The purpose of Economic Theory is to provide an outlet for research - in all areas of economics based on rigorous theoretical reasoning, and - on specific topics in mathematics which is motivated by the analysis of economic problems. Economic Theory''s scope encompasses - but is not limited to - the following fields. - classical and modern equilibrium theory - cooperative and non-cooperative game theory - macroeconomics - social choice and welfare - uncertainty and information, intertemporal economics (including dynamical systems) - public economics - international and developmental economics - financial economics, money and banking - industrial organization Economic Theory also publishes surveys if they clearly picture the basic ideas at work in some areas, the essential technical apparatus which is used and the central questions which remain open. The development of a productive dialectic between stylized facts and abstract formulations requires that economic relevance be at the forefront. Thus, correct, and innovative, mathematical analysis is not enough; it must be motivated by - and contribute to - the understanding of substantive economic problems. Officially cited as: Econ Theory
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