Showing 1 - 10 of 275
This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule …. Surprisingly, even with the symmetric assumptions in the spirit of Condorcet, a symmetric composition of committees is not always … committees. However, in the special case of only two skill levels, it is optimal to compose the committees evenly. …
Persistent link: https://www.econbiz.de/10009150636
We propose a simple mechanism providing incentives to reduce harmful emissions to their efficient level without infracting upon productive efficiency. The mechanism employs a contest creating incentives among participating nations to simultaneously exert efficient productive and efficient...
Persistent link: https://www.econbiz.de/10013315733
We propose a simple mechanism providing incentives to reduce harmful emissions to their efficient level without infracting upon productive efficiency. The mechanism employs a contest creating incentives among participating nations to simultaneously exert efficient productive and efficient...
Persistent link: https://www.econbiz.de/10010681220
We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field evidence suggests that people’s behavior in domains like charitable giving, tax evasion, corporate culture and corruption is influenced by leaders (CEOs, politicians) and beliefs...
Persistent link: https://www.econbiz.de/10010948862
phenomena. However, the empirical foundation of social preferences is largely based on laboratory experiments with self …-selected students as participants. This is potentially problematic as students participating in experiments may behave systematically … experiments with student samples misrepresent the importance of social preferences. Our first study shows that students who …
Persistent link: https://www.econbiz.de/10008671736
We explore network effects on generosity for different network dimensions. To this end we elicit multiple network dimensions (friendship, social support, economic exchange, etc.) in a rural village in the Southern hemisphere and measure generosity with a sequence of dictator games conducted in...
Persistent link: https://www.econbiz.de/10008833916
usefulness of the approach in the context of field experiments on gift exchange. Our results suggest that a BS design requires …
Persistent link: https://www.econbiz.de/10010960644
behalf of society. In addition to a payoff linked to the adequateness of the committee’s decision, each expert receives a … disesteem payoff if he/she voted in favor of an ill-fated innovation. An example is FDA committees, where committee members can … standard voting model, we show that information is aggregated in large committees provided disesteem payoffs are not overly …
Persistent link: https://www.econbiz.de/10010877892
. Counterfactual analysis shows that committees add value through aggregating private assessments, but that gains to larger committees … their assessments also have lower precision, mixed committees may not be optimal. …
Persistent link: https://www.econbiz.de/10010877935
This paper develops a Mirrlees (1971) framework with heterogeneous agents to analyze optimal redistributive taxes, optimal provision of public goods and the marginal cost of public funds (MCF). Standard MCF measures are shown to suffer from three defects: i) The MCF for the (non-individualized)...
Persistent link: https://www.econbiz.de/10013135910