We develop a dynamic model of board decision-making. We show that a board could retain a policy all directors agree is …

. In this paper, we explore the consequences of improved prediction in decision-making. To do so, we adapt existing models … of decision-making under uncertainty to account for the process of determining payoffs. We label this process of … on whether the improvements in prediction enable automated decision-making. We discuss the implications of improved …

A central feature of dynamic collective decision-making is that the rules that govern the procedures for future … decision-making and the distribution of political power across players are determined by current decisions. For example … dynamic collective decision-making: (1) a social arrangement is made stable by the instability of alternative arrangements …

perspective, it may be desirable to allocate decision rights to the inefficient agent …

decision about how to manage a common asset. How should this be done? We examine two methods: an 'Economics' approach that …

.js?config=AM_HTMLorMML-full"></script>We study a flexible dynamic savings game in continuous time, where decision makers rotate in and out of power. These agents …

the social psychology literature on group decision-making …