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Liquid Democracy : Two Experiments on Delegation in Voting
Campbell, Joseph; Casella, Alessandra; De Lara, Lucas; … - National Bureau of Economic Research - 2022
Under Liquid Democracy (LD), decisions are taken by referendum, but voters are allowed to delegate their votes to other voters. Theory shows that in common interest problems where experts are correctly identified, the outcome can be superior to simple majority voting. However, even when experts...
Persistent link: https://www.econbiz.de/10013477287
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Bargaining in the Shadow of Uncertainty
Agranov, Marina; Eraslan, Hülya; Tergiman, Chloe - National Bureau of Economic Research - 2022
We experimentally study unanimity and majority voting rules in multilateral bargaining environments with stochastic future surplus. In these settings, reaching agreement when expected future surplus is sufficiently higher than the current surplus is inefficient. Theoretically, such...
Persistent link: https://www.econbiz.de/10013388790
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Moral Boundaries
Enke, Benjamin - National Bureau of Economic Research - 2023
This article reviews the growing economics literature that studies the politico-economic impacts of heterogeneity in moral boundaries across individuals and cultures. The so-called universalism-versus-particularism cleavage has emerged as a main organizing principle behind various salient...
Persistent link: https://www.econbiz.de/10014372458
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'Morality and Political Economy' from the Vantage Point of Economics
Enke, Benjamin - National Bureau of Economic Research - 2024
This article calls for a greater integration of moral psychology and political economy. While these disciplines were initially deeply intertwined, cross-disciplinary exchange became rare throughout the 20th century. More recently, the tide has shifted again - social scientists of different...
Persistent link: https://www.econbiz.de/10014512133
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Ends versus Means : Kantians, Utilitarians, and Moral Decisions
Bénabou, Roland; Falk, Armin; Henkel, Luca - National Bureau of Economic Research - 2024
Choosing what is morally right can be based on the consequences (ends) resulting from the decision - the Consequentialist view - or on the conformity of the means involved with some overarching notion of duty - the Deontological view. Using a series of experiments, we investigate the overall...
Persistent link: https://www.econbiz.de/10014468273
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Charity : Have the Rates of US Households Contributing Money or Time Declined?
Smith, Vincent Kerry - National Bureau of Economic Research - 2024
This paper uses the responses to questions about charitable contributions from the Survey of Consumer Finances (SCF) between 1992 and 2022 to consider the rates of US households contributing money or time to charitable organizations. The fraction donating $500 or more remained relatively...
Persistent link: https://www.econbiz.de/10014576621
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Communication in Vertical Markets : Experimental Evidence
Möllers, Claudia - 2016
-known commitment problem by introducing communication. Allowing the upstream firm to chat privately with each downstream firm reduces … total offered quantity from near the Cournot level (observed in the absence of communication) halfway toward the monopoly … bargaining advantage from open communication that all of the gains from monopolizing the market accrue to them. A simple …
Persistent link: https://www.econbiz.de/10012456456
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Team Incentives and Lower Ability Workers : An Experimental Study on Real-Effort Tasks
Freeman, Richard B.; Pan, Xiaofei; Yang, Xiaolan; Ye, … - National Bureau of Economic Research - 2022
Team incentives are important in many compensation systems that pay workers according to the output of their team as well as to their own output, with team bonuses often depending on whether the team meets or exceeds specified thresholds. Yet little is known about how team members with different...
Persistent link: https://www.econbiz.de/10013388782
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Are Two Heads Better Than One? : An Experimental Analysis of Group vs. Individual Decisionmaking
Blinder, Alan S. - 2000
Two laboratory experiments - one a statistical urn problem, the other a monetary policy experiment - were run to test the commonly-believed hypothesis that groups make decisions more slowly than individuals do. Surprisingly, this turns out not to be true there is no significant difference in...
Persistent link: https://www.econbiz.de/10012470828
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Conflicts and Common Interests in Committees
Li, Hao - 1999
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