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We report on the results of an experiment designed to disentangle behavioral biases in information aggregation of committees. Subjects get private signals about the state of world, send binary messages, and finally vote under either majority or unanimity rules. Committee decisions are...
Persistent link: https://www.econbiz.de/10014469359
This paper presents a review of empirical methods used to assess the behavioral, economic, and political outcomes of Internet and social media usage. Instead of merely surveying the various impacts of the Internet, we examine the methods adopted to identify these impacts. We describe two main...
Persistent link: https://www.econbiz.de/10014469631
Klassischerweise üben Vertreter der Wirtschaft sich jenseits der unmittelbaren Betroffenheit weitgehend parteipolitischer Enthaltsamkeit. Da sich in der Bundesrepublik mit der Alternative für Deutschland (AfD) eine von ihrer wirtschaftspolitischen Programmatik her liberal-rechtspopulistische...
Persistent link: https://www.econbiz.de/10014478443
In random voting, the committee chair, whose vote decides in the case of a draw, is more often decisive than ordinary voters. Therefore, in the power indices literature, the committee chair is said to be more powerful. Players with a veto right are even more powerful still. Similarly, the...
Persistent link: https://www.econbiz.de/10014501610
We theoretically investigate how political abstention among certain social groups encourages populist parties to enter the political stage, trying to absorb inactive voters. We design a two-stage game with two established parties and n voters who jointly determine a taxation policy. The...
Persistent link: https://www.econbiz.de/10014501625
There are many situations in which different groups make collective decisions by committee voting, where each group is represented by a single person. Theoretical concepts suggest how the voting systems in such committees should be designed, but these abstract rules can usually not be...
Persistent link: https://www.econbiz.de/10010377211
We present a model of bargaining in which a committee searches over the policy space, successively amending the default by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is then implemented. We characterize the policies which...
Persistent link: https://www.econbiz.de/10010392414
Committee voting has mostly been investigated from the perspective of the standard Baron-Ferejohn model of bargaining over the division of a pie, in which bargaining ends as soon as the committee reaches an agreement. In standing committees, however, existing agreements can be amended. This...
Persistent link: https://www.econbiz.de/10010392431
We show theoretical and experimental results that demonstrate the potential of transparency to influence committee decision making and deliberation. We present a model in which committee members have career concerns and unanimity is needed to change the status quo. We study three scenarios -...
Persistent link: https://www.econbiz.de/10010396777
In this paper, we consider a committee of experts that decides whether to approve or reject a proposed innovation on behalf of society. In addition to a payoff linked to the adequateness of the committee's decision, each expert receives a disesteem payoff if he/she voted in favor of an ill-fated...
Persistent link: https://www.econbiz.de/10010398613