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positions. Two examples of such structures are communication networks and hierarchies. In the literature the distinction between … defined by properties of the set of feasible coalitions. We characterize the feasible sets in communication networks and …
Persistent link: https://www.econbiz.de/10011256206
A committee makes a decision on a project on behalf of "the public." Members of the committee agree on the a priori value of the project, and hold additional private information about its consequences. They are experts who care about the value of the project and about being considered well...
Persistent link: https://www.econbiz.de/10011257003
Decisions-makers often rely on information supplied by interested parties. In practice, some parties have easier access to information than other parties. In this light, we examine whether more powerful parties have a disproportionate influence on decisions. We show that more powerful parties...
Persistent link: https://www.econbiz.de/10011257417