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Numerous theoretical studies have shown that information aggregation through voting is fragile. We consider a model of … information aggregation with vote-contingent payoffs and generically characterize voting behavior in large committees. We use this …
Persistent link: https://www.econbiz.de/10012052819
members can improve the voting outcome by simplifying the strategies of unbiased members. Thus, heterogeneous committees …
Persistent link: https://www.econbiz.de/10010280845
This paper considers the implications of an important cognitive bias in information processing, confirmation bias, in a political agency setting. In the baseline two-period case where only the politician’s actions are observable before the election, we show that when voters have this bias, it...
Persistent link: https://www.econbiz.de/10011307085
'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. …
Persistent link: https://www.econbiz.de/10010328867
Public preferences for charging tuition are important for determining higher education finance. To test whether public support for tuition depends on information and design, we devise several survey experiments in representative samples of the German electorate (N19,500). The electorate is...
Persistent link: https://www.econbiz.de/10012018227
Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848 - 2009), we investigate …
Persistent link: https://www.econbiz.de/10010283917
Higher education finance depends on the public’s preferences for charging tuition, which may be partly based on beliefs about the university earnings premium. To test whether public support for tuition depends on earnings information, we devise survey experiments in representative samples of...
Persistent link: https://www.econbiz.de/10012599189
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 …
Persistent link: https://www.econbiz.de/10010274882
different voting rules, the frequency of votes for the moral transgression increases with the number of votes required for it … us to identify guilt sharing and preferences for consensual voting as empirically relevant and independent drivers of … voting behavior. …
Persistent link: https://www.econbiz.de/10012269454
, discuss the difficulties with dynamic voting procedures and review some ways to overcome them. We conclude by highlighting the …
Persistent link: https://www.econbiz.de/10012599228