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This paper reports results from a laboratory experiment studying the role of asymmetries, both in payoffs and recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the equilibrium predictions. The main deviations from...
Persistent link: https://www.econbiz.de/10010532580
more often than simple majority. In a series of laboratory experiments, we investigate how various rules affect the outcome …
Persistent link: https://www.econbiz.de/10011872697
affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than …
Persistent link: https://www.econbiz.de/10010516456
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
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
decreasing in disagreement values. We conduct experiments involving three players using majority and unanimity rule, finding …
Persistent link: https://www.econbiz.de/10011434323
Under simple majority voting an absolute majority of voters may choose policies that are harmful to minorities. It is … the purpose of sub- and super-majority rules to protect legitimate minority interests. We study how voting rules are … choose voting rules for given distributions of gains and losses that can arise from a policy, but before learning their own …
Persistent link: https://www.econbiz.de/10014476824
). Being adopted by voting appears to enhance the efficiency of both informal sanctions and non-deterrent formal sanctions …. -- formal sanctions ; informal sanctions ; experiment ; voting ; cooperation ; punishment …
Persistent link: https://www.econbiz.de/10008908893
different voting schemes to determine the terms of the agreement. To this end, unanimity, qualified majority voting, and simple … majority voting are compared with respect to the resulting pollution abatement level and social welfare. At first sight in line … with theoretical predictions, the experiment shows that the change of the voting scheme implemented in an IEA does not …
Persistent link: https://www.econbiz.de/10008660455
). Being adopted by voting appears to enhance the efficiency of both informal sanctions and non‐deterrent formal sanctions …
Persistent link: https://www.econbiz.de/10013130732