Fractional social choice

Fractional social choice[1] is a branch of social choice theory in which the collective decision is not a single alternative, but rather a weighted sum of two or more alternatives. For example, if society has to choose between three candidates: A B or C, then in standard social choice, exactly one of these candidates is chosen, while in fractional social choice, it is possible to choose (for example) "2/3 of A and 1/3 of B".

A common interpretation of the weighted sum is as a lottery, in which candidate A is chosen with probability 2/3 and candidate B is chosen with probability 1/3. Due to this interpretation, fractional social choice is also called random social choice,[2] probabilistic social choice,[3] or stochastic social choice.[4] But it can also be interpreted as a recipe for sharing, for example:

  • Time-sharing: candidate A is (deterministically) chosen for 2/3 of the time while candidate B is chosen for 1/3 of the time.
  • Budget-distribution: candidate A receives 2/3 of the budget while candidate B receives 1/3 of the budget.
  • Fair division with different entitlements can also be used to divide a heterogeneous resource between candidates A and B, with their entitlements being 2/3 and 1/3.
  1. ^ Aziz, Haris (2015-03-28). "Condorcet's Paradox and the Median Voter Theorem for Randomized Social Choice". Economics Bulletin. 35 (1): 745–749. ISSN 1545-2921.
  2. ^ Chatterji, Shurojit; Zeng, Huaxia (2018-05-01). "On random social choice functions with the tops-only property". Games and Economic Behavior. 109: 413–435. doi:10.1016/j.geb.2017.11.011. ISSN 0899-8256. S2CID 49677879.
  3. ^ Felix Brandt (2017-10-26). "Roling the Dice: Recent Results in Probabilistic Social Choice". In Endriss, Ulle (ed.). Trends in Computational Social Choice. Lulu.com. ISBN 978-1-326-91209-3.
  4. ^ Pattanaik, Prasanta K.; Peleg, Bezalel (1986). "Distribution of Power under Stochastic Social Choice Rules". Econometrica. 54 (4): 909–921. doi:10.2307/1912843. ISSN 0012-9682. JSTOR 1912843.

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