Level-strategyproof Belief Aggregation Mechanisms

When

10/04/2024    
2:00 pm-3:00 pm
Estelle Varloot
ENS Rennes & University of Liverpool

Where

Room 4B01
19 place Marguerite Perey, Palaiseau

Event Type

In the problem of aggregating experts’ probabilistic predictions over an ordered set of outcomes, we introduce the axiom of level-strategy\-proofness (level-SP) and prove that it is a natural notion with several applications. Moreover, it is a robust concept as it implies incentive compatibility in a rich domain of single-peakedness over the space of cumulative distribution functions (CDFs). This contrasts with the literature which assumes single-peaked preferences over the space of probability distributions. Our main results are: (1) a reduction of our problem to the aggregation of CDFs; (2) the axiomatic characterization of level-SP probability aggregation functions with and without the addition of other axioms; (3) impossibility results which provide bounds for our characterization; (4) the axiomatic characterization of two new and practical level-SP methods: the proportional-cumulative method and the middlemost-cumulative method; and (5) the application of proportional-cumulative to extend approval voting, majority rule, and majority judgment methods to situations where voters/experts are uncertain about how to grade the candidates/alternatives to be ranked.