Showing 1 - 10 of 1,217
We study experimentally the effectiveness of communication in common value committees exhibiting publicly known …
Persistent link: https://www.econbiz.de/10011444227
Despite the wide variety of agendas used in legislative settings, the literature on sophisticated voting has focused on … characterize the social choice rules implemented by sophisticated voting on agendas with these two features. I also characterize … related to the prevailing rules for order-of-voting used by legislatures. These results establish a clear connection between …
Persistent link: https://www.econbiz.de/10012415641
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 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 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/10014381796
This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule …. Surprisingly, even with the symmetric assumptions in the spirit of Condorcet, a symmetric composition of committees is not always … committees. However, in the special case of only two skill levels, it is optimal to compose the committees evenly. …
Persistent link: https://www.econbiz.de/10010277358
treatments (different prior and signal distributions) that pose different challenges for the voters. In one, simply voting for …
Persistent link: https://www.econbiz.de/10012061937
information aggregation. Despite this, unanimity is frequently used in committees making decisions on behalf of society. This … rationale for the widespread use of unanimous voting. …
Persistent link: https://www.econbiz.de/10011696383
Who will vote quadratically in large-N elections under quadratic voting (QV)? First, who will vote? Although the core …, voting behavior and outcomes would be determined predominately by social and psychological forces, would thereby exhibit few … that require a different research agenda to bring into focus. Some of our analysis also has implications for voting …
Persistent link: https://www.econbiz.de/10011578439