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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...
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We analyze voting in private and public committees whose members care about the selected decision and the rewards which outsiders pay for representing their interests. If the agenda is binary or outsiders are symmetric then a private committee reaches decisions which better serve organizational...
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