March 11, 2021, 11:00–12:30
Can direct democracy overcome the "Problem of Intensity", treating everyone equally and yet allowing an intense minority to prevail if, but only if, the majority’s preferences are weak? Storable Votes (SV) and Quadratic Voting (QV) propose possible solutions. We test their performance in two samples of California residents using data on four initiatives prepared for the 2016 California ballot. As per design, both systems induce some minority victories while our measure of aggregate welfare increases, relative to majority voting, and ex post inequality in welfare declines.
Alessandra Casella (Columbia University), “A Test of Storable Votes and Quadratic Voting on Four California Propositions”, Behavior, Institutions, and Development seminar, March 11, 2021, 11:00–12:30, room A2.