Discovery Projects - Grant ID: DP220102893

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP220102893

Funding Status
Active

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Funded Activity Summary

Designing Efficient and Equitable Voting Mechanisms. The most commonly used method for collective decision making, majority voting, is generally not efficient as it does not allow voters to express the intensity of their preferences. In addition, majority voting suffers from the tyranny of the majority, i.e. the risk of repeatedly excluding minority groups from representation. A final downside of majority voting is its winner-take-all nature, i.e. it provides no compensation for losing voters. This project concerns the design of alternative mechanisms that avoid these shortcomings and robustly deliver efficient and equitable outcomes. The project develops the theory underlying these novel mechanisms, tests them in a range of environments, and delivers an implementation for practical use.

Funded Activity Details

Start Date: 01-01-2022

End Date: 31-12-2024

Funding Scheme: Discovery Projects

Funding Amount: $324,680.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Microeconomic Theory | Economic Theory | Experimental Economics |

ANZSRC Socio-Economic Objective (SEO)

Preference, Behaviour and Welfare

Other Keywords

Economic Theory | Experimental Economics | Microeconomic Theory | Preference, Behaviour and Welfare

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