Goal Setting of Youth Practices of Participatory Budgeting

Preference Elicitation For Participatory Budgeting

Participatory budgeting enables the allocation of public funds by collecting and aggregating individual preferences; it has already had a sizable real-world impact. But making the most of this new paradigm requires a rethinking of some of the basics of computational social choice, including the very way in which individuals express their preferences. We analytically compare four preference elic...

Participatory Budgeting: An Evidence Review

The Core of the Participatory Budgeting Problem

In participatory budgeting, communities collectively decide on the allocation of public tax dollars for local public projects. In this work, we consider the question of fairly aggregating the preferences of community members to determine an allocation of funds to projects. This problem is different from standard fair resource allocation because of public goods: The allocated goods benefit all u...

On the Optimality of Participatory Budgeting

This paper complements the ongoing empirical discussion surrounding participative budgeting by comparing its economic merits relative to a top-down budgeting alternative. We analyze a screening model of participative budgeting where the subordinate uses the budgeting mechanism to relay private information to his superior, in addition to a signaling model of top-down budgeting where the superior...

Emotional Arousal Effects in Participatory Budgeting Decisions

Participatory budgeting is applied by an increasing number of municipalities and organizations. Citizens can decide over an institutional budget. The allocation mechanism can affect emotional arousal, which influences the choice evaluation in the decicion-making process. Building on the endowment effect, we conduct an experiment testing a novel participatory budgeting approach that includes an ...