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We study experimentally the effectiveness of communication in common value committees exhibiting publicly known …
Persistent link: https://www.econbiz.de/10011444227
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
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
reasoning), but strikingly overestimate their pivotality when voting (contradicting plain lying aversion). That is, committees … committees. Subjects get private signals about the state of world, send binary messages, and finally vote under either majority … truthful messages and sincere voting. A simple one-parameteric generalization of quantal response equilibrium capturing …
Persistent link: https://www.econbiz.de/10014442413
Theory predicts that committees of experts may take decisions that look good but are bad and that they show a united … front to impress evaluators. Although evaluators see through this behavior, committees persist in it only to avoid worse … of committees, words speak louder than costly decisions. Evaluators pick this up. Orthogonality tests show that …
Persistent link: https://www.econbiz.de/10011895939
, political attitude, gender and intelligence have a small but sometimes significant influence on voting. …
Persistent link: https://www.econbiz.de/10010574271
impact of the voting procedure, no information about the cooperation history is provided. In line with existing empirical …
Persistent link: https://www.econbiz.de/10011587713
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
There are many situations in which different groups make collective decisions by committee voting, with each group … represented by a single person. A natural question is what voting system such a committee should use. Concepts based on voting … the choice of voting systems based on such theoretical concepts, in this paper, I ask which systems individuals actually …
Persistent link: https://www.econbiz.de/10010337025
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/10010243444