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, potential candidates compete in a contest to become their party's nominee. At the election stage, the nominated candidates … campaign by making non-binding promises to voters. Confirming the model's key predictions, we find in the experiment that …
Persistent link: https://www.econbiz.de/10011559686
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...
Persistent link: https://www.econbiz.de/10011444227
's key predictions in a laboratory experiment. The model's predictions are largely borne out - transparency negatively … affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than …
Persistent link: https://www.econbiz.de/10010516456
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
Persistent link: https://www.econbiz.de/10011344858
Majority voting is considered an efficient information aggregation mechanism in committee decision-making. We examine … test this proposition in a lab experiment, randomly assigning participants to different transparency regimes. Results in … acquisition, voting, and overall efficiency. …
Persistent link: https://www.econbiz.de/10014501231
's key predictions in a laboratory experiment. The model's predictions are largely borne out – transparency negatively … affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than …
Persistent link: https://www.econbiz.de/10013023008
tend to seek less information. A simple laboratory experiment confirms key results …
Persistent link: https://www.econbiz.de/10012934616
testable predictions. We test these in a laboratory experiment and find that observed election outcomes and vote shares are … observed voting behavior can be explained, to a substantial extent, by three behavioral mechanisms: (a) distinct levels of …', where voters underestimate the correlation between the information released by an endorsement and the closeness of elections …
Persistent link: https://www.econbiz.de/10012841512
's key predictions in a laboratory experiment. The model's predictions are largely borne out - transparency negatively … affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than …
Persistent link: https://www.econbiz.de/10010531712
's key predictions in a laboratory experiment. The model's predictions are largely borne out – transparency negatively … affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than …
Persistent link: https://www.econbiz.de/10011273190