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voting outcome in period t becomes the status quo in period t+1. We study symmetric Markov equilibria of the resulting game … alternative, and the discount factor (committee impatience). We report several new findings. Voting behavior is selfish and myopic …
Persistent link: https://www.econbiz.de/10010266322
We consider a committee voting setup with two rounds of voting where committee members who possess private information … information in the first voting period. Coughlan (2000) shows that members reveal their information in a straw poll only if their … preferences are in fact homogeneous. By taking costs of time into account, we demonstrate that committees have strictly higher …
Persistent link: https://www.econbiz.de/10011430746
This paper analyzes truthtelling incentives in pre-vote communication in heterogeneous committees. We generalize the … sincere voting is an equilibrium outcome of our model for a large set of parameter values implying the possibility of ex post … conflict between committee members. Furthermore, abandonning the assumption of sincere voting, we characterize necessary and …
Persistent link: https://www.econbiz.de/10009748686
during an election day. Using a pivotal costly voting model of elections in which voters have privately observed preferences …
Persistent link: https://www.econbiz.de/10012221414
This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule …. Surprisingly, even with the symmetric assumptions in the spirit of Condorcet, a symmetric composition of committees is not always … committees. However, in the special case of only two skill levels, it is optimal to compose the committees evenly. …
Persistent link: https://www.econbiz.de/10010277358
information aggregation. Despite this, unanimity is frequently used in committees making decisions on behalf of society. This … rationale for the widespread use of unanimous voting. …
Persistent link: https://www.econbiz.de/10011696383
Consider a voting procedure where countries, states, or districts comprising a union each elect representatives who … characterization of the efficient voting rule in terms of the weights assigned to different districts and the voting threshold (how … correlation structure of agents preferences, we analyze how voting weights relate to the population size of a country. We then …
Persistent link: https://www.econbiz.de/10011324952
committees benefits from voting insincerely accrue not only when a decision maker's vote is pivotal. As the number of voters …Some committees convene behind closed doors while others publicly discuss issues and make their decisions. This paper … increases, the cost of voting insincerely declines in an open committee because the probability of being pivotal declines. This …
Persistent link: https://www.econbiz.de/10009635893
In this note, we use the technique of option sets to sort out the implications of coalitional strategyproofness in the spatial setting. We also discuss related issues and open problems.
Persistent link: https://www.econbiz.de/10010317113
members can improve the voting outcome by simplifying the strategies of unbiased members. Thus, heterogeneous committees … perform at least as well as homogeneous committees. In particular, when value-maximizers outnumber biased members by one vote …
Persistent link: https://www.econbiz.de/10010280845