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paper we present the results of an experiment on the influence of private payoff information and the role of the available …
Persistent link: https://www.econbiz.de/10011570166
Persistent link: https://www.econbiz.de/10012131620
can deliberate secretly. To test the model's key predictions, we run an experiment. The results from the laboratory …
Persistent link: https://www.econbiz.de/10012549435
We review two fundamentally different ways that decision time is related to cooperation. First, studies have experimentally manipulated decision time to understand how cooperation is related to the use of intuition versus deliberation. Current evidence supports the claim that time pressure (and,...
Persistent link: https://www.econbiz.de/10014113978
experiment exploring how these findings transfer to a non-cooperative setting. We find two major results: (i) promoting intuition …
Persistent link: https://www.econbiz.de/10013028985
In an economic theory of voting, voters have positive or negative costs of voting in favor of a proposal and positive … or negative benefits from an accepted proposal. When votes have equal weight then simultaneous voting mostly has a unique … pure strategy Nash equilibrium which is independent of benefits. Voting with respect to (arbitrarily small) costs alone …
Persistent link: https://www.econbiz.de/10011629791
the probabilities of project implementation as well as welfare (despite differences in individual voting behavior). Second …
Persistent link: https://www.econbiz.de/10012295187
In this paper, we study collective information acquisition in groups that make decisions using majority rule. We argue both theoretically and experimentally that the median voter theorem does not apply; in general, the level of information acquired by the group is not equal to the level of...
Persistent link: https://www.econbiz.de/10014243171
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