Eliciting Informed Preferences
Modibo K. Camara,
Nicole Immorlica and
Brendan Lucier
Papers from arXiv.org
Abstract:
If people find it costly to evaluate the options available to them, their choices may not directly reveal their preferences. Yet, it is conceivable that a researcher can still learn about a population's preferences with careful experiment design. We formalize the researcher's problem in a model of robust mechanism design where it is costly for individuals to learn about how much they value a product. We characterize the statistics that the researcher can identify, and find that they are quite restricted. Finally, we apply our positive results to social choice and propose a way to combat uninformed voting.
Date: 2025-05
New Economics Papers: this item is included in nep-dcm, nep-des and nep-mic
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2505.19570
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