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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 analyze an experimental public goods game in which group members can endogenously determine whether they want to supplement a standard voluntary contribution mechanism with the possibility of rewarding or punishing other group members. We find a large and positive effect of endogenous...
Persistent link: https://www.econbiz.de/10010293404
We model the decision problems faced by the members of societies whose new members are determined by vote. We adopt a number of simplifying assumptions: the founders and the candidates are fixed; the society operates for a fixed number of periods and holds elections at the beginning of each period;...
Persistent link: https://www.econbiz.de/10011608403
We study voting over higher education finance in an economy with risk averse households who are heterogeneous in income …
Persistent link: https://www.econbiz.de/10010271868
productivity. Nevertheless, only a minority of sessions converge to this system, indicating a tendency for the voting process to …
Persistent link: https://www.econbiz.de/10010276039
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
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