Equilibria and Group Welfare in Vote Trading SystemsMatthew I. Joneshttps://arxiv.org/abs/2406.09536 https://arxiv.org/pdf/2406.095…
Equilibria and Group Welfare in Vote Trading SystemsWe introduce a new framework to study the group dynamics and game-theoretic considerations when voters in a committee are allowed to trade votes. This model represents a significant step forward by considering vote-for-vote trades in a low-information environment where voters do not know the preferences of their trading partners. All voters draw their preference intensities on two issues from a common probability distribution and then consider offering to trade with an anonymous partner. The re…