Voting with interdependent values: The Condorcet winner

B-Tier
Journal: Games and Economic Behavior
Year: 2023
Volume: 142
Issue: C
Pages: 193-208

Authors (4)

Gershkov, Alex (not in RePEc) Kleiner, Andreas (not in RePEc) Moldovanu, Benny (not in RePEc) Shi, Xianwen (University of Toronto)

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We generalize the standard, private values voting model with single-peaked preferences and incomplete information by introducing interdependent preferences. Our main results show how standard mechanisms that are outcome-equivalent and implement the Condorcet winner under complete information or under private values yield starkly different outcomes if values are interdependent. We also propose a new notion of Condorcet winner under incomplete information and interdependent preferences, and discuss its implementation. The new phenomena in this paper arise because different voting rules (including dynamic ones) induce different processes of information aggregation and learning.

Technical Details

RePEc Handle
repec:eee:gamebe:v:142:y:2023:i:c:p:193-208
Journal Field
Theory
Author Count
4
Added to Database
2026-01-29