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Persistent link: https://www.econbiz.de/10012126644
We consider a committee voting setup with two rounds of voting where committee members who possess private information … information in the first voting period. Coughlan (2000) shows that members reveal their information in a straw poll only if their …
Persistent link: https://www.econbiz.de/10011430746
This paper provides new empirical evidence on policy-makers' voting patterns on interest rates. Applying (pooled …) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper …
Persistent link: https://www.econbiz.de/10013120227
Persistent link: https://www.econbiz.de/10012818822
This paper provides new empirical evidence on policy-makers' voting patterns on interest rates. Applying (pooled …) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper …
Persistent link: https://www.econbiz.de/10012856949
Persistent link: https://www.econbiz.de/10011654656
decision by mitigating a voting externality. Hence, institutions may adopt public voting when the fear of blame is too little …, and secret voting when the fear is too much. We also show that public voting is particularly desirable in committees with … overly biased members or overly biased voting rules against the alternative …
Persistent link: https://www.econbiz.de/10012948351
Persistent link: https://www.econbiz.de/10011945990
We study communication in committees selecting one of two alternatives when consensus is required and agents have private information about their preferences. Delaying the decision is costly, so a form of multiplayer war of attrition emerges. Waiting allows voters to express the intensity of...
Persistent link: https://www.econbiz.de/10011872697
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