Hahn, Volker - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 2013
private information about their own abilities. We study three different dimensions of committee design: members' wages, the … number of seats, and the communication system. We show that, surprisingly, higher wages lead to lower quality experts. By … committees. They are characterized by low wages and can be transparent or opaque. An increase in the significance of the decision …