Article ID Journal Published Year Pages File Type
7359586 Journal of Economic Theory 2015 12 Pages PDF
Abstract
I provide a theory of information transmission in collective choice settings. In the model, an expert has private information on the effect of a policy proposal and communicates to a set of voters prior to a vote over whether or not to implement the proposal. In contrast to previous game-theoretic models of political communication, the results apply to situations involving multiple voters, multidimensional policy spaces and a broad class of voting rules. The results highlight how experts can use information to manipulate collective choices in a way that reduces the ex ante expected utilities of all voters. Opportunities for expert manipulation are the result of collective choice instability: all voting rules that allow collective preference cycles also allow welfare-reducing manipulative persuasion by an expert. The results challenge prevailing theories of institutions in which procedures are designed to maximize information transmission.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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