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We consider a committee voting setup with two rounds of voting where committee members who possess private information … information in the first voting period. Coughlan (2000) shows that members reveal their information in a straw poll only if their … preferences are in fact homogeneous. By taking costs of time into account, we demonstrate that committees have strictly higher …
Persistent link: https://www.econbiz.de/10011430746
This paper analyzes truthtelling incentives in pre-vote communication in heterogeneous committees. We generalize the … sincere voting is an equilibrium outcome of our model for a large set of parameter values implying the possibility of ex post … conflict between committee members. Furthermore, abandonning the assumption of sincere voting, we characterize necessary and …
Persistent link: https://www.econbiz.de/10009748686
We study experimentally the effectiveness of communication in common value committees exhibiting publicly known …
Persistent link: https://www.econbiz.de/10011444227
during an election day. Using a pivotal costly voting model of elections in which voters have privately observed preferences …
Persistent link: https://www.econbiz.de/10012221414
a threshold number of individual votes. We investigate optimal voting rules that maximize the committee's expected …
Persistent link: https://www.econbiz.de/10012915425
This paper reports results from a laboratory experiment studying the role of asymmetries, both in payoffs and recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the equilibrium predictions. The main deviations from...
Persistent link: https://www.econbiz.de/10010532580
Persistent link: https://www.econbiz.de/10011672913
of the project and about being considered well informed. Before voting on the project, members can exchange their private … committees to show a united front. These results hold irrespective of whether information can be manipulated or not. Also … those of the member casting the decisive vote. Our last result is that the optimal voting rule balances the quality of …
Persistent link: https://www.econbiz.de/10011343285
Some committees are made up of experts, persons interested in both the (subject) matter at hand and in coming across as … able decision-makers. Such committees would like to conceal disagreement from the public. We present a theory that …
Persistent link: https://www.econbiz.de/10011349202
standard voting model, we show that information is aggregated in large committees provided disesteem payoffs are not overly … disesteem payoff if he/she voted in favor of an ill-fated innovation. An example is FDA committees, where committee members can …, information aggregation fails in large committees and the committee rejects the innovation almost surely, providing an explanation …
Persistent link: https://www.econbiz.de/10010356364