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voting experiments. To evaluate the effect of complexity we adopt a level-k reasoning model concept. This model by Nagel [1 …, increasing payoff amounts does promote more strategic behavior in a significant manner. Our results show with complex voting …
Persistent link: https://www.econbiz.de/10010242048
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
Persistent link: https://www.econbiz.de/10011302271
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
The common use of majority rule in group decision making is puzzling. In theory, it inequitably favors the proposer, and paradoxically, it disadvantages voters further if they are inequity averse. In practice, however, outcomes are equitable. The present paper analyzes data from a novel...
Persistent link: https://www.econbiz.de/10011762571
Decoy ballots do not count in election outcomes, but otherwise they are indistinguishable from real ballots. By means of a game-theoretical model, we show that decoy ballots may not provide effective protection against a malevolent adversary trying to buy real ballots. If the citizenry is...
Persistent link: https://www.econbiz.de/10011787216
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
The role of electoral incentives vs. selection is ideally analyzed in a setting where the same legislators are selected to decide on policies under different electoral rules and where voter preferences on policies can be precisely measured. This is the first paper to look at such a situation....
Persistent link: https://www.econbiz.de/10012286323
Persistent link: https://www.econbiz.de/10011945990
people who have to pick one option from a given set of alternatives. A well defined voting rule is specified by which the …
Persistent link: https://www.econbiz.de/10009430933