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We study a model of collective decision making with endogenous information collection.Agents collect information about the consequences of a project, communicate, and then vote onthe project. We examine under what conditions communication may increase the probability thatgood decisions are made....
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help with social choice making under uncertainty. This process is intended to aid decision-makers with understanding of the … here as a benchmark problem to illustrate the proposed framework for social decision making and analysis under uncertainty …
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This paper considers the design of macroeconomic policies in the face of uncertainty. In recent years, several … absent any uncertainty. …
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