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preferences are in fact homogeneous. By taking costs of time into account, we demonstrate that committees have strictly higher …
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Due to its simplicity the plurality voting system is frequently used to choose a common representative or project. Nevertheless it may fail to provide a socially efficient decision as a majority can outvote any minority even if the majority’s gain does not compensate the loss suffered by the...
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effects of opacity in a laboratory experiment and find that opacity leads to more generous promises, but also to more promise …
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