benefits only if they aggregate their private information. Some members of the society, however, are harmed by socially … desirable policies and aim at manipulating information aggregation by misrepresenting their private information. We show that … information can be aggregated and a socially desirable policy can be implemented under a new class of democratic mechanisms …

focus on five key elements: i) information gathering process, ii) exchange of information, iii) confidentiality of the … information received; iv) statistics on the exchanges of rulings; and v) transparency on certain aspect of intellectual property …

In this paper, we have emphasized information problems which lead to home bias and insufficient amounts of capital …