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during an election day. Using a pivotal costly voting model of elections in which voters have privately observed preferences …
Persistent link: https://www.econbiz.de/10012221414
A set of voters consults experts before voting over two alternatives. Experts observe private signals about the values … of the alternatives and can reveal their information or conceal it, but cannot lie. We examine how disclosure and voting … vary with preference biases, signal precision, and the voting rule. Unanimity rule can lead to greater information …
Persistent link: https://www.econbiz.de/10010616897
We consider the problem of sequential search when the decision to stop searching is made by a committee. We show that a symmetric stationary equilibrium exists and is unique given that the distribution of rewards is log concave. Committee members set a lower acceptance threshold than do...
Persistent link: https://www.econbiz.de/10005396430
social and political participation to interpersonal trust, in its benign and destructive manifestations. The impact of media …
Persistent link: https://www.econbiz.de/10013254717
social and political participation to interpersonal trust, in its benign and destructive manifestations. The impact of media …
Persistent link: https://www.econbiz.de/10012670370
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
Persistent link: https://www.econbiz.de/10013172443
candidates and when voters may express indifference, every voting rule satisfying Condorcet's principle must generate both of …
Persistent link: https://www.econbiz.de/10011109893
I analyze a costly voting model of elections, in which the incumbent can stuff the ballot box, to investigate how … electoral fraud affects the participation decisions of voters. I find that two stable equilibria may exist: first, a full … positive externality they produce on other voters when deciding to cast their votes, participation in coordination equilibrium …
Persistent link: https://www.econbiz.de/10010842888
We analyze costly information acquisition and information revelation in groups in a dynamic setting. Even when group members have perfectly aligned interests the group may inefficiently delay decisions. When deadlines are far away, uninformed group members freeride on each others' efforts to...
Persistent link: https://www.econbiz.de/10009246605