Beniers, Klaas J.; Swank, Otto H. - Tinbergen Institute - 2003
must be motivated to collect information. Committees improve the quality of decision-making by providing information and by … coordinating the collection of information. We address two types of questions. First, how does the composition of a committee … the latter question, we show that the cost of information collection plays an important role. If this cost is low, then …