Aggregation of Antagonistic Contingent Preferences: When Is It Possible?
Abstract
We study a two-alternative voting game where voters' preferences depend on an unobservable world state and each voter receives a private signal correlated to the true world state. We consider the collective decision when voters can collaborate in a group and have antagonistic preferences -- given the revealed world state, voters will support different alternatives. We identify sharp thresholds for the fraction of the majority-type voters necessary for preference aggregation. We specifically examine the majority vote mechanism (where each voter has one vote, and the alternative with more votes wins) and pinpoint a critical threshold, denoted as , for the majority-type proportion. When the fraction of majority-type voters surpasses , there is a symmetric strategy for the majority-type that leads to strategic equilibria favoring informed majority decisions. Conversely, when the majority-type proportion falls below , equilibrium does not exist, rendering the aggregation of informed majority decisions impossible. Additionally, we propose an easy-to-implement mechanism that establishes a lower threshold (with ) for both equilibria and informed majority decision aggregation. We demonstrate that is optimal by proving a general impossibility result: if the majority-type proportion is below , with mild assumptions, no mechanism can aggregate the preferences, meaning that no equilibrium leads to the informed majority decision for any mechanism.
Cite
@article{arxiv.2410.08127,
title = {Aggregation of Antagonistic Contingent Preferences: When Is It Possible?},
author = {Xiaotie Deng and Biaoshuai Tao and Ying Wang},
journal= {arXiv preprint arXiv:2410.08127},
year = {2024}
}