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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
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority … conclave leads to efficiency gains relative to simple majority voting. We also compare welfare properties of a static versus a …
Persistent link: https://www.econbiz.de/10011336977
more often than simple majority. In a series of laboratory experiments, we investigate how various rules affect the outcome …
Persistent link: https://www.econbiz.de/10011872697
more often than simple majority. In a series of laboratory experiments, we investigate how various rules affect the outcome …
Persistent link: https://www.econbiz.de/10012915720
Persistent link: https://www.econbiz.de/10008657630
of tax shifting in the market. We show that tax salience biases consumers' voting on tax regimes, and that experience is … experience with the tax regimes they are less likely to be biased. -- tax salience ; learning ; deliberation ; voting …
Persistent link: https://www.econbiz.de/10009735333
laboratory experiments. We conclude that one voting rule, due originally to Condorcet, is indeed behaviorally incentive …Voting rules over three or more alternatives suffer from a general problem of manipulability. However, if the rule is …
Persistent link: https://www.econbiz.de/10012759014
to prevent equivalence framing in the domain of voting on redistribution. Utilizing a simplified version of the Meltzer … minimum net income. In a series of laboratory experiments we find that framing effects both on the individually preferred and …
Persistent link: https://www.econbiz.de/10012956783
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 of...
Persistent link: https://www.econbiz.de/10012995161
economics. This paper explores voting on a scheme of intergroup competition, which facilitates cooperation in a social dilemma … outcome depends strongly on specific voting rules of institutional choice. If the majority decides, competition is almost …
Persistent link: https://www.econbiz.de/10010283979