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model where a self-interested group is allowed to influence a public decision maker – and possibly the judicial authority …
Persistent link: https://www.econbiz.de/10013142878
In the Athenian law-courts, wealthy, educated, and powerful elites fought one another to prevail as leaders and advisors of the masses. Regulated by the masses' ideals of a good society, elite competition pushed Athens toward stability, prosperity and cultural immortality. Or did it? This...
Persistent link: https://www.econbiz.de/10012967157
group of people who make a decision by voting on a proposal. An outside expert who observes the qualities of a proposal … sends a cheap talk message to decision makers with limited information. A simple cheap talk strategy of the expert can be … surprisingly effective in persuading decision makers by polarizing or unifying their opinions. When there is a significant …
Persistent link: https://www.econbiz.de/10012953021
We develop a model of strategic information transmission from an expert with informational superiority to decision … persuading decision makers by polarizing or unifying their opinions. After observing the expert's cheap talk message, decision … 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
We study a model of collective decision making with endogenous information collection.Agents collect information about … decision is made. The reason for this result is that communicationmay aggravate the free-rider problem associated with …
Persistent link: https://www.econbiz.de/10011325966
We study a model of collective decision making with endogenous information collection. Agents collect information about … that a correct decision is made. The reason for this result is that communication may aggravate the free-rider problem …
Persistent link: https://www.econbiz.de/10014067953
We report on an experiment that tests for the effects of democratic versus hierarchical rules for joint decision making … decision, which we call the attention responsibility effect …
Persistent link: https://www.econbiz.de/10013019236
process has an high probability to reach a final decision. We also better qualify the degree of manipulability of such a final … decision, showing that it is independent not only from the agenda, but also from the initial condition. Therefore we show that …
Persistent link: https://www.econbiz.de/10009565190
The main criticism to the aggregation of individual preferences under majority rules refers to the possibility of reaching inconsistent collective decisions from the election process. In these cases, the collective preference includes cycles and even could prevent the election of any alternative...
Persistent link: https://www.econbiz.de/10013059054
quantity of resources. Afterwards, one of the proposals is chosen by majority decision. If no proposal obtains a majority, a …
Persistent link: https://www.econbiz.de/10013317275