Showing 1 - 10 of 2,889
We consider collective decisions made by agents whose preferences and power depend on past events and decisions. Faced with an ineffcient equilibrium and an opportunity to commit to a policy, can the agents reach an agreement on such a policy? Under an intuitive condition linking power...
Persistent link: https://www.econbiz.de/10011375836
Persistent link: https://www.econbiz.de/10011302328
Persistent link: https://www.econbiz.de/10011582757
Persistent link: https://www.econbiz.de/10011607153
Persistent link: https://www.econbiz.de/10011842108
Persistent link: https://www.econbiz.de/10011898804
Persistent link: https://www.econbiz.de/10011279596
Persistent link: https://www.econbiz.de/10009661383
Persistent link: https://www.econbiz.de/10009790841
We study decision rules for committees that repeatedly take a binary decision. Committee members are privately informed about their payoffs and monetary transfers are not feasible. In static environments, the only strategy-proof mechanisms are voting rules which are criticized for being...
Persistent link: https://www.econbiz.de/10010341070