Showing 31 - 40 of 1,183
We consider a model of decentralized bargaining among three parties. Parties meet one-on-one after being randomly matched, and can sell or buy votes to one another. The party with a majority of the votes can decide to implement its preferred policy or extend negotiations to capture additional...
Persistent link: https://www.econbiz.de/10010701748
Consider the problem of deciding a winner among three alternatives when voters have common values, but private information regarding the values of the alternatives. We compare approval voting with other scoring rules. For any finite electorate, the best equilibrium under approval voting is more...
Persistent link: https://www.econbiz.de/10010701749
We study aggregation of information when voters can collect information of different precision, with increased precision entailing an increasing marginal cost. In order to properly understand the incentives to collect information we introduce another dimension of heterogeneity: on top of the...
Persistent link: https://www.econbiz.de/10010701751
We study non-instrumental value for information when choosing between symmetric and asymmetric information sources. Although symmetry is a seemingly superficial characteristic, we find a systematic preference for a symmetric source over an asymmetric one. We elicit beliefs and find that...
Persistent link: https://www.econbiz.de/10014448243
Persistent link: https://www.econbiz.de/10012182927
Persistent link: https://www.econbiz.de/10015055869
Persistent link: https://www.econbiz.de/10010887096
Persistent link: https://www.econbiz.de/10010938550
Persistent link: https://www.econbiz.de/10011019674
Persistent link: https://www.econbiz.de/10005248566