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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
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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
political phenomena that ensued is presented. In the case of sophisticated voting over certain kinds of binary agendas, such as … sometimes yield “sophisticated sincerity”, where equilibrium voting behavior is indistinguishable from sincere voting. Under … behave leads to probabilistic voting models that typically yield utilitarian outcomes. Uncertainty among the voters over …
Persistent link: https://www.econbiz.de/10014024486
We show theoretical and experimental results that demonstrate the potential of transparency to influence committee decision making and deliberation. We present a model in which committee members have career concerns and unanimity is needed to change the status quo. We study three scenarios -...
Persistent link: https://www.econbiz.de/10010486059
affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than …
Persistent link: https://www.econbiz.de/10010516456
Majority voting is considered an efficient information aggregation mechanism in committee decision-making. We examine … acquisition, voting, and overall efficiency. …
Persistent link: https://www.econbiz.de/10014501231
We study experimentally the effectiveness of communication in common value committees exhibiting publicly known heterogeneous biases. We test models assuming respectively self-interested and strategic-, joint payoff-maximizing- and cognitively heterogeneous agents. These predict varying degrees...
Persistent link: https://www.econbiz.de/10011444227
group of people who make a decision by voting on a proposal. An outside expert who observes the qualities of a proposal …
Persistent link: https://www.econbiz.de/10012953021
her own bias. In other words, the expert's cheap talk prevents a voting procedure from aggregating decision makers …
Persistent link: https://www.econbiz.de/10012901595