We study a model of collective decision making with endogenous information collection.Agents collect information about … decision is made. The reason for this result is that communicationmay aggravate the free-rider problem associated with …

Transparent decision-making processes are widely regarded as a prerequisite for the working of a representative … their interests. Why else the secrecy? We provide a model of committee decision-making that explains the public’s demand for …

We develop a theoretical framework for studying the effects of interaction on the quaJity of decision-making by …

A committee makes a decision on a project on behalf of the public. Members of the committee agree on the a priori value … information simultaneously. We show that reputational concerns make the a priori unconventional decision more attractive and lead …

While most papers_new on team decision-making find teams to behave more selfish, less trusting and less altruistic than …

This paper provides experimental evidence showing that indirectreciprocity may important in economic decision making … against a certain cost or not tohelp, enduring no costs. We observe that many decision makers respondto the information we …