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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 -...
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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...
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We develop a competitive equilibrium theory of a market for votes. Before voting on a binary issue, individuals may buy … market for votes generates welfare losses, relative to simple majority voting, if the committee is large enough or the …
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