34 research outputs found

    Essays on Experimental Investigation of Lottery Contests

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    Voting in Hiring Committees: Which “Almost” Rule is Optimal?

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    We determine the scoring rule that is most likely to select a high-ability candidate. A major result is that neither the widely used plurality rule nor the inverse-plurality rule are ever optimal, and that the Borda rule is hardly ever optimal. Furthermore, we show that only the almost-plurality, the almost-inverse-plurality, and the almost-Borda rule can be optimal. Which of the "almost" rules is optimal depends on the likelihood that a candidate has high ability and how likely committee members are to correctly identify the abilities of the different candidates

    The qq q -majority efficiency of positional rules

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    According to a given quota q, a candidate a is beaten by another candidate b if at least a proportion of q individuals prefer b to a. The q-Condorcet efficiency of a voting rule is the probability that the rule selects a q-Condorcet winner (q-CW), that is any candidate who is never beaten under the q-majority. Closed form representations are obtained for the q-Condorcet efficiency of positional rules (simple and sequential) in three-candidate elections. This efficiency is significantly greater for sequential rules than for simple positional rules
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