standard voting model, we show that information is aggregated in large committees provided disesteem payoffs are not overly … behalf of society. In addition to a payoff linked to the adequateness of the committee’s decision, each expert receives a … disesteem payoff if he/she voted in favor of an ill-fated innovation. An example is FDA committees, where committee members can …

This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule …. Surprisingly, even with the symmetric assumptions in the spirit of Condorcet, a symmetric composition of committees is not always … committees. However, in the special case of only two skill levels, it is optimal to compose the committees evenly. …

members can improve the voting outcome by simplifying the strategies of unbiased members. Thus, heterogeneous committees … perform at least as well as homogeneous committees. In particular, when value-maximizers outnumber biased members by one vote …

’s recommendations. We find that voting recommendations do indeed matter, implying that even in a secularized world, religion plays a … crucial role in voting decisions. …

Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848–2009), we investigate whether …

We analyze the voting behavior of a board of directors that has to approve (or reject) an investment proposal with … obstacle to profit maximization provided that an appropriate sequential voting protocol is followed. We also show that a proper …

ideological policy dimension. Voters achieve this outcome by following a simple lexicographic voting strategy. They cast their …

informed than others. We develop a model where the voting mistakes resulting from low political knowledge reduce the weight of …. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters …