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We study the information aggregation properties of unanimous voting rules in the laboratory. In line with theoretical …
Persistent link: https://www.econbiz.de/10012456730
Rankings have become increasingly popular on various markets, e.g. the market for study programs. We analyze their welfare implications. Consumers have to choose between two goods of unknown quality with exogenous presence or absence of an unbiased informative ranking. The existence of the...
Persistent link: https://www.econbiz.de/10012457583