Showing 1 - 10 of 13,796
A set of voters consults experts before voting over two alternatives. Experts observe private signals about the values … of the alternatives and can reveal their information or conceal it, but cannot lie. We examine how disclosure and voting … vary with preference biases, signal precision, and the voting rule. Unanimity rule can lead to greater information …
Persistent link: https://www.econbiz.de/10010616897
We consider the problem of sequential search when the decision to stop searching is made by a committee. We show that a symmetric stationary equilibrium exists and is unique given that the distribution of rewards is log concave. Committee members set a lower acceptance threshold than do...
Persistent link: https://www.econbiz.de/10005396430
candidates and when voters may express indifference, every voting rule satisfying Condorcet's principle must generate both of …
Persistent link: https://www.econbiz.de/10011109893
I analyze a costly voting model of elections, in which the incumbent can stuff the ballot box, to investigate how … electoral fraud affects the participation decisions of voters. I find that two stable equilibria may exist: first, a full … positive externality they produce on other voters when deciding to cast their votes, participation in coordination equilibrium …
Persistent link: https://www.econbiz.de/10010842888
We analyze costly information acquisition and information revelation in groups in a dynamic setting. Even when group members have perfectly aligned interests the group may inefficiently delay decisions. When deadlines are far away, uninformed group members freeride on each others' efforts to...
Persistent link: https://www.econbiz.de/10009246605
We study dominant strategy incentive compatible (DIC) and deterministic mechanisms in a social choice setting with several alternatives. The agents are privately informed about their preferences, and have single-crossing utility functions. Monetary transfers are not feasible. We use an...
Persistent link: https://www.econbiz.de/10010850110
, voters share non-verifiable information about a private signal concerning what is the best option. In a voting stage, votes …
Persistent link: https://www.econbiz.de/10010862559
expert decide” in committee voting is influenced by the probability of corrupt experts, and that influence can have, to a …
Persistent link: https://www.econbiz.de/10010929078
ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process …. We conduct an experimental voting game in which decision makers vote about the allocation of money between themselves and … recipients without voting rights. We measure responsibility attributions for voting decisions by eliciting the monetary …
Persistent link: https://www.econbiz.de/10011272198
The act of choosing can influence maximizing behaviour for at least two distinct reasons: (1) process significance and (2) decisional inescapability. These influences can require systematic departures from the regularities assumed in standard models of rational choice, but they can be fully...
Persistent link: https://www.econbiz.de/10005245665