Showing 1 - 10 of 1,694
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 voting over higher education finance in an economy with risk averse households who are heterogeneous in income …
Persistent link: https://www.econbiz.de/10010271868
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
Persistent link: https://www.econbiz.de/10010287731
Using data from an experiment by Forsythe, Myerson, Rietz, and Weber (1993), designed for a different purpose, we test the "standard theory" that players have preferences only over their own mentary payoffs and that play will be in (evolutionary stable) equilibrium. In the experiment each...
Persistent link: https://www.econbiz.de/10011284229
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority … conclave leads to efficiency gains relative to simple majority voting. We also compare welfare properties of a static versus a …
Persistent link: https://www.econbiz.de/10011336977
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
Persistent link: https://www.econbiz.de/10011344858
qualityhas been acquired or not, we compare the performance of a delegation structure with that oftwo voting procedures …. Delegation makes one's acceptance decision pivotal by definition.The decisiveness of one's vote in a voting procedure depends on …
Persistent link: https://www.econbiz.de/10011325973
the launch of the project. Examples are the Kyoto protocol, voting with different weights (shareholders, the UN with the …
Persistent link: https://www.econbiz.de/10010251206
We study experimentally the effectiveness of communication in common value committees exhibiting publicly known heterogeneous biases. We test models assuming respectively self-interested and strategic-, joint payoff-maximizing- and cognitively heterogeneous agents. These predict varying degrees...
Persistent link: https://www.econbiz.de/10011444227
We model an election between two Downsian mainstream candidates and a third inflexible politician. There is uncertainty about the state of the world. Candidates receive signals on the state and propose a policy to implement. There are two classes of voters: ideological, who are biased towards...
Persistent link: https://www.econbiz.de/10011537537