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What is the optimal size of expert committees? To address this question, I present a model of a committee of experts with career concerns. Each expert may observe an argument about the state of the world and is unsure about the argument s soundness. Experts may remain silent or compete for the...
Persistent link: https://www.econbiz.de/10010310700
Mechanisms for Nash implementation in the literature are fragile in the sense that they fail if just one or two players do not follow their equilibrium strategy. A mechanism is outcome-robust if its equilibrium outcome is not affected by any deviating minority of players. Is Nash implementation...
Persistent link: https://www.econbiz.de/10012960532
We consider collective decision problems where some agents have private information about alternatives and others don't. Voting takes place under strategy-proof rules. Prior to voting, informed agents may or may not disclose their private information, thus eventually influencing the preferences...
Persistent link: https://www.econbiz.de/10012903392
Voters have strong incentives to increase their influence by trading votes, a practice indeed believed to be common. But is vote trading welfare-improving or welfare-decreasing? We review the theoretical literature and, when available, its related experimental tests. We begin with the analysis...
Persistent link: https://www.econbiz.de/10012824815
In this paper, we present a model of deliberation based on Rawls’s political liberalism. Our formalization gives a new perspective on his political theory. Moreover, we obtain quantitative results on political deliberation under Rawlsian rules. Finally, we elaborate two arguments in favor of...
Persistent link: https://www.econbiz.de/10014194661
I use a model of human causal learning, Causal Support (Tenenbaum & Griffiths, 2001), to derive a meaningful measure of Cognitive Distance – the degree to which two people differ in their opinions about the workings of the world. Next, I amend this measure to quantify the notion of Cognitive...
Persistent link: https://www.econbiz.de/10014143284
Can campaign communications credibly transmit information about candidates' policy intentions? To answer this question, I develop and analyze a game-theoretic model of campaign communication in a two-candidate majority rule election with multidimensional policies. Candidate and voter preferences...
Persistent link: https://www.econbiz.de/10014147381
In this article I analyze a model of interest group influence on legislative voting through information transmission. The model shows how interest groups may manipulate voting coalitions to their advantage by crafting different messages to target different winning coalitions. Furthermore, if...
Persistent link: https://www.econbiz.de/10014147869
I analyze a model of information transmission in collective choice environments. An Expert possesses private information about the consequences of passing an exogenous proposal and may engage in cheap talk to persuade the voters to pass or reject the proposal. In some cases, the Expert may...
Persistent link: https://www.econbiz.de/10014127872
In its 2018 introduction and subsequent work, Quadratic Funding (QF) emerged as a uniquely optimal design for the democratic provision of public goods under the assumption of atomized participants with perfect rationality. In this paper, we aim to move past this rational and atomized portrayal...
Persistent link: https://www.econbiz.de/10014255237