Midjord, Rune; Rodríguez Barraquer, Tomás; Valsek, … - 2014
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 …