Giuseppe Attanasi, Luca Corazzini, Nikolaos … - ISLA, Centre for research on Latin American Studies and … - 2009
We present and experimentally test a theoretical model of majority threshold determination as a function of voters …'s risk aversion and the corresponding preferred majority threshold. Furthermore, the experimental results show that a voter …'s optimal majority threshold negatively relates to the voter's confidence about how others will vote. Moreover, in a treatment …