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A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
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The common use of majority rule in group decision making is puzzling. In theory, it inequitably favors the proposer …
Persistent link: https://www.econbiz.de/10011762571
We study communication in committees selecting one of two alternatives when consensus is required and agents have private information about their preferences. Delaying the decision is costly, so a form of multiplayer war of attrition emerges. Waiting allows voters to express the intensity of...
Persistent link: https://www.econbiz.de/10011872697
We study communication in committees selecting one of two alternatives when consensus is required and agents have private information about their preferences. Delaying the decision is costly, so a form of multiplayer war of attrition emerges. Waiting allows voters to express the intensity of...
Persistent link: https://www.econbiz.de/10012915720
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Representations of constitutions -- to Part I -- Constitutions, effectivity functions, and game forms -- Nash consistent representations -- Acceptable representations -- Strongly consistent representations -- Nash consistent representation through lottery models -- On the continuity of...
Persistent link: https://www.econbiz.de/10013522843