Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/174974 
Year of Publication: 
2018
Series/Report no.: 
CESifo Working Paper No. 6851
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
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.
Subjects: 
committee decisions
scoring rules
"Almost" voting rules
JEL: 
D71
Document Type: 
Working Paper
Appears in Collections:

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.