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We study selection rules: the procedures committees use to choose whether to place an issue on their agenda. At the selection stage of the model, committee members are uncertain about their final preferences. They only know the probability that they will prefer the proposal to the status quo at...
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under secrecy. This occurs despite subjects revealing more information under transparency than theory predicts. …
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We study decision rules for committees that repeatedly take a binary decision. Committee members are privately informed about their payoffs and monetary transfers are not feasible. In static environments, the only strategy-proof mechanisms are voting rules which are criticized for being...
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In this paper, we first replicated Harrison et al. (2012). Then, we studied if the group's size has an impact on group's risk aversion. In line with Harrison et al. (2012), our results confirm that no significant differences occur between individuals and groups risk aversion in three-person...
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