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Persistent link: https://ebvufind01.dmz1.zbw.eu/10014430842
We report on the results of an experiment designed to disentangle behavioral biases in information aggregation of committees. Subjects get private signals about the state of world, send binary messages, and finally vote under either majority or unanimity rules. Committee decisions are...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014442413
Information about the consequences of our consumption choices can be unwelcome, and people sometimes avoid it. We investigate a situation where one person possesses information that is inconvenient for another, and study why and when they decide to transmit that information. We introduce a...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014369581
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Persistent link: https://ebvufind01.dmz1.zbw.eu/10009380473
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Existing theoretical and experimental studies have established that unanimity is a poor decision rule for promoting information aggregation. Despite this, unanimity is frequently used in committees making decisions on behalf of society. This paper shows that when committee members are exposed to...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011696383
This paper studies the causal effect of providing information about climate change on individuals' willingness to pay to offset carbon emissions in a randomized control trial. Receiving truthful information about ways to reduce CO2 emissions increases individuals' willingness to pay for CO2...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013326470
This paper studies the causal effect of providing information about climate changeon individuals’ willingness to pay to offset carbon emissions in a randomizedcontrol trial. Receiving truthful information about ways to reduce CO2 emis-sions increases individuals’ willingness to pay for CO2...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012821798
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014505226