How to Improve Ranked-Choice Voting and Democracy

9 Pages Posted: 17 Jun 2022

See all articles by Eric Maskin

Eric Maskin

Princeton University - Department of Economics; Harvard University - Department of Economics; Massachusetts Institute of Technology (MIT) - Department of Economics

Date Written: June 17, 2022

Abstract

The essay explains how ranked-choice voting leads to election outcomes that better represent what voters want compared with first-past-the-post, the traditional American voting system. It also shows that there is an even better system: majority-rule.

Keywords: Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

JEL Classification: D72

Suggested Citation

Maskin, Eric S., How to Improve Ranked-Choice Voting and Democracy (June 17, 2022). Capitalism & Society, Volume 16, Issue 1 (2022), Available at SSRN: https://ssrn.com/abstract=4138767

Eric S. Maskin (Contact Author)

Princeton University - Department of Economics ( email )

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