Approval voting and Shapley ranking
Pierre Dehez () and
Victor Ginsburgh
No 2018012, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)
Abstract:
Approval voting allows voters to list any number of candidates. Their scores are obtained by summing the votes cast in their favor. Fractional voting instead follows the One-person-one-vote principle by endowing voters with a single vote that they may freely distribute among candidates. In this paper, we show that fairness requires the distribution of votes to be uniform. Uniform fractional voting corresponds to Shapley ranking that was introduced to rank wines as the Shapley value of a cooperative game with transferable utility. Here we analyze the properties of these "ranking games" and provide an axiomatic foundation to Shapley ranking. We also analyze Shapley ranking as a social welfare function and compare it to approval ranking.
Keywords: approval voting; Shapley value (search for similar items in EconPapers)
JEL-codes: C71 D71 (search for similar items in EconPapers)
Date: 2018-04-18
New Economics Papers: this item is included in nep-cdm, nep-des, nep-gth, nep-mic, nep-pol and nep-upt
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https://sites.uclouvain.be/core/publications/coredp/coredp2018.html (application/pdf)
Related works:
Journal Article: Approval voting and Shapley ranking (2020) 
Working Paper: Approval voting and Shapley ranking (2019)
Working Paper: Approval voting and Shapley ranking (2019) 
Working Paper: Approval Voting and Shapley Ranking (2018) 
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2018012
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