Collective decision making requires preference aggregation even if no ideal aggregation method exists (Arrow, 1950). We …

decision. We report results from lab experiments focused on such information-collection processes. We consider decisions … decision accuracies over time. Furthermore, groups using majority rule yield especially hasty and inaccurate decisions …

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

based on fairness, and was a critical argument in Boston's decision to change the mechanism. We then discuss the …

procedures are the equilibrium methods of achieving a consensus in committees. Voting necessarily coarsens the transmission of …

decision-makers in a hierarchical organization. We examine the role played by the architecture of a multi-tier authority and … bargaining sequence proceeds as a chain through decision-making agents, regardless of the hierarchy of the organization. We prove … the existence of a compromised equilibrium, where the decision of the authority is compromised, and establish sufficient …