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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
's key predictions in a laboratory experiment. The model's predictions are largely borne out - transparency negatively … affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than …
Persistent link: https://www.econbiz.de/10010516456
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
Persistent link: https://www.econbiz.de/10011344858
Majority voting is considered an efficient information aggregation mechanism in committee decision-making. We examine … test this proposition in a lab experiment, randomly assigning participants to different transparency regimes. Results in … acquisition, voting, and overall efficiency. …
Persistent link: https://www.econbiz.de/10014501231
testable predictions. We test these in a laboratory experiment and find that observed election outcomes and vote shares are … observed voting behavior can be explained, to a substantial extent, by three behavioral mechanisms: (a) distinct levels of …', where voters underestimate the correlation between the information released by an endorsement and the closeness of elections …
Persistent link: https://www.econbiz.de/10012841512
competitiveness of elections and, therefore, candidates' spending. Only information disclosed prior to electoral campaigns impacts …Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to … the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both …
Persistent link: https://www.econbiz.de/10012545128
, and of gender and intelligence. -- Public good ; voluntary contribution ; formal sanction ; experiment ; penalty ; voting … interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
Persistent link: https://www.econbiz.de/10008688959
In a laboratory experiment, we investigate if groups consisting of two heterogeneous player types (with different …
Persistent link: https://www.econbiz.de/10011379928
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
Persistent link: https://www.econbiz.de/10013149142
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
Persistent link: https://www.econbiz.de/10014199163