Showing 1 - 10 of 2,649
experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game …
Persistent link: https://www.econbiz.de/10011762571
This paper studies the effects that the revelation of information on the electorate's preferences has on voters' turnout decisions. The experimental data show that closeness in the division of preferences induces a significant increase in turnout. Moreover, for closely divided electorates (and...
Persistent link: https://www.econbiz.de/10014058888
We report the results of a laboratory experiment based on a citizen‐candidate model with private information about …
Persistent link: https://www.econbiz.de/10012956451
We experimentally study behavior in a simple voting game where players have private information about their preferences. With random matching, subjects overwhelmingly follow the dominant strategy to exaggerate their preferences, which leads to inefficiency. We analyze an exogenous linking...
Persistent link: https://www.econbiz.de/10003894591
laboratory experiment, as we observe convergence to the Nash equilibrium values at the aggregate as well as at the individual …
Persistent link: https://www.econbiz.de/10010198494
Approval voting allows voters to support as many candidates as they wish. One advantage of the method is that voters have weak or no incentives to vote insincerely. However, the exact meaning of this statement depends on how the voters' preferences over candidates are extended to sets. We show...
Persistent link: https://www.econbiz.de/10011926017
This paper studies coordination in a multi-stage elimination tournament with large monetary incentives and a diversified subject pool drawn from the adult British population. In the tournament, members of an ad hoc team earn money by answering general knowledge questions and then eliminate one...
Persistent link: https://www.econbiz.de/10012718966
Proxy advisory firms have become important players in corporate governance, but the extent of their influence over shareholder votes is debated. We estimate the effect of Institutional Shareholder Services (ISS) recommendations on voting outcomes by exploiting exogenous variation in ISS...
Persistent link: https://www.econbiz.de/10012972472
Persistent link: https://www.econbiz.de/10001388179
We study a Condorcet jury model where voters are driven both by passion (expressive motives) and by reason (instrumental motives). We show that arbitrarily small amounts of passion significantly affect equilibrium behavior and the optimal size of voting bodies. Increasing the size of voting...
Persistent link: https://www.econbiz.de/10014187611