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Persistent link: https://www.econbiz.de/10003233852
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A committee makes a decision on a project on behalf of the public. Members of the committee agree on the a priori value of the project, and hold additional private information about its consequences. They are experts who care about the value of the project and about being considered well...
Persistent link: https://www.econbiz.de/10011343285
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...
Persistent link: https://www.econbiz.de/10013315597
In this paper, we provide an explanation for why committees may behave over-cautiously. A committee of experts must decide whether to approve or reject a proposed innovation on behalf of "society." Each expert's private signal is a noisy version of what the "state of the art science" would...
Persistent link: https://www.econbiz.de/10014162207
We consider a committee that makes a decision on a project on behalf of 'the public'. Members of the committee agree on the a priori value of the project, and hold additional private information about its consequences. They are experts who care both about the value of the project and about being...
Persistent link: https://www.econbiz.de/10014066307
Pork barrel spending is typically attributed to the strategic behavior of political elites hoping to be electorally rewarded by voters residing in their districts. Such behavior is expected to depend on the incentives imposed by the electoral system. We estimate the causal effect of local...
Persistent link: https://www.econbiz.de/10011343734
This paper exploits a natural experiment in Hesse where a reform of the electoral rule from mayor appointment by the local council towards direct mayor elections was introduced during a phase-in period from 1993 to 1998. The end of the term of the last appointed mayor varies across...
Persistent link: https://www.econbiz.de/10010485272
Pork barrel spending is typically attributed to the strategic behavior of political elites hoping to be electorally rewarded by voters residing in their districts. Such behavior is expected to depend on the incentives imposed by the electoral system. We estimate the causal effect of local...
Persistent link: https://www.econbiz.de/10013013085
The idea of proportional representation has been circulating for over two hundred years and is widely practiced, among other, in post-war Europe. The primary focus is to allow smaller parties, minorities and other disenfranchised groups in society systematic representation in the national...
Persistent link: https://www.econbiz.de/10012310545