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standard voting model, we show that information is aggregated in large committees provided disesteem payoffs are not overly … disesteem payoff if he/she voted in favor of an ill-fated innovation. An example is FDA committees, where committee members can …, information aggregation fails in large committees and the committee rejects the innovation almost surely, providing an explanation …
Persistent link: https://www.econbiz.de/10010356364
reasoning), but strikingly overestimate their pivotality when voting (contradicting plain lying aversion). That is, committees … committees. Subjects get private signals about the state of world, send binary messages, and finally vote under either majority … truthful messages and sincere voting. A simple one-parameteric generalization of quantal response equilibrium capturing …
Persistent link: https://www.econbiz.de/10014442413
information aggregation with vote-contingent payoffs and generically characterize voting behavior in large committees. We use this …Numerous theoretical studies have shown that information aggregation through voting is fragile. We consider a model of …
Persistent link: https://www.econbiz.de/10012029166
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/10011982401
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/10011286492
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/10010223454
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/10012533895
Can right-wing terrorism increase support for far-right populist parties, and if so, why? Exploiting quasi-random variation between successful and failed attacks across German municipalities, we find that successful attacks lead to significant increases in the vote share for the right-wing,...
Persistent link: https://www.econbiz.de/10014364725
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/10012234507
, 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/10012546897