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Many committees--juries, political task forces, etc.--spend time gathering costly information before reaching a decision. We report results from lab experiments focused on such information-collection processes. We consider decisions governed by individuals and groups and compare how voting rules...
Persistent link: https://www.econbiz.de/10012794585
In an earlier paper (Blinder and Morgan, 2005), we created an experimental apparatus in which Princeton University students acted as ersatz central bankers, making monetary policy decisions both as individuals and in groups. In this study, we manipulate the size and leadership structure of...
Persistent link: https://www.econbiz.de/10012465259
Two laboratory experiments - one a statistical urn problem, the other a monetary policy experiment - were run to test …
Persistent link: https://www.econbiz.de/10012470828
In polarized committees, majority voting disenfranchises the minority. Allowing voters to spend freely a fixed budget of votes over multiple issues restores some minority power. However, it also creates a complex strategic scenario: a hide-and-seek game between majority and minority voters that...
Persistent link: https://www.econbiz.de/10012456444
can choose to abstain. The first experiment follows a tightly controlled design planned for the lab; the second is a …
Persistent link: https://www.econbiz.de/10013477287
We explore the mechanics of empathy. In a controlled immersive virtual reality experiment, we show that neutral … experience as if one were 'in their shoes.' In a separate, incentivized experiment, we show that the same neutral information …
Persistent link: https://www.econbiz.de/10014576598
--bonuses. Examining more than 6500 donor phone calls across more than 80 workers, we use a natural field experiment to investigate how …
Persistent link: https://www.econbiz.de/10012456334
In this paper we estimate the size of weekend effects for seven emotions and then explore their main determinants for the working population in the United States, using the Gallup/Healthways US Daily Poll 2008-2012. We first find that weekend effects exist for all emotions, and that these...
Persistent link: https://www.econbiz.de/10012457294
Committees improve decisions by pooling independent information of members, but promote manipulation, obfuscation, and exaggeration of private evidence when members have conflicting preferences. We study how self-interest mediates these conflicting forces. When members' preferences differ, no...
Persistent link: https://www.econbiz.de/10012471629
We develop a framework of group corruption via back-door negotiations between an outside initiator and an authority of decision-makers in a hierarchical organization. We examine the role played by the architecture of a multi-tier authority and determine under such a structure how bargaining...
Persistent link: https://www.econbiz.de/10012938728