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In polarized committees, majority voting disenfranchises the minority. Allowing voters to spend freely a fixed budget of votes over multiple issues restores some minority power. However, it also creates a complex strategic scenario: a hide-and-seek game between majority and minority voters that...
Persistent link: https://www.econbiz.de/10012456444
decision. We report results from lab experiments focused on such information-collection processes. We consider decisions … decision accuracies over time. Furthermore, groups using majority rule yield especially hasty and inaccurate decisions …
Persistent link: https://www.econbiz.de/10012794585
We develop a dynamic model of board decision-making. We show that a board could retain a policy all directors agree is …
Persistent link: https://www.econbiz.de/10012480101
Kinship ties are a common institution that may facilitate in-group coordination and cooperation. Yet their benefits - or lack thereof - depend crucially on the broader institutional environment. We study how the prevalence of clan ties affect how communities confronted two well-studied...
Persistent link: https://www.econbiz.de/10014544693
Political leaders make policy choices which are often hard to explain via institutions. We use the behavior of Colombian paramilitary groups as an environment to study non-institutional sources of variation in how public good provision and violence are combined to control populations. We...
Persistent link: https://www.econbiz.de/10015072952
team composed of two equally large groups can complete larger projects than a fully homogenous team, even as the difference …, the two-group team always completes the project strictly faster …
Persistent link: https://www.econbiz.de/10013462704
. In this paper, we explore the consequences of improved prediction in decision-making. To do so, we adapt existing models … of decision-making under uncertainty to account for the process of determining payoffs. We label this process of … on whether the improvements in prediction enable automated decision-making. We discuss the implications of improved …
Persistent link: https://www.econbiz.de/10012453471
Committees improve decisions by pooling independent information of members, but promote manipulation, obfuscation, and exaggeration of private evidence when members have conflicting preferences. We study how self-interest mediates these conflicting forces. When members' preferences differ, no...
Persistent link: https://www.econbiz.de/10012471629
decision-makers in a hierarchical organization. We examine the role played by the architecture of a multi-tier authority and … bargaining sequence proceeds as a chain through decision-making agents, regardless of the hierarchy of the organization. We prove … the existence of a compromised equilibrium, where the decision of the authority is compromised, and establish sufficient …
Persistent link: https://www.econbiz.de/10012938728
Collective decision making requires preference aggregation even if no ideal aggregation method exists (Arrow, 1950). We …
Persistent link: https://www.econbiz.de/10012660067