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When groups face difficult problems, the voices of experts may be lost in the noise of others' contributions. We present results from a "naturally noisy" setting, a large first-year undergraduate class, in which the expert's voice was "lost" to such a degree that bringing forward even more...
Persistent link: https://www.econbiz.de/10012432144
More voters than ever get political news from their friends on social media platforms. Is this bad for democracy? Using context-neutral laboratory experiments, we find that biased (mis)information shared on social networks affects the quality of collective decisions relatively more than does...
Persistent link: https://www.econbiz.de/10012901851
This paper analyzes an election game where self-interested politicians can exploit the lack of information that voters have about candidates' preferred policies in order to pursue their own agendas. In such a setup, we study the incentives of newspapers to acquire costly information, and how...
Persistent link: https://www.econbiz.de/10014224324
Generally, Democrats do not increase military spending, and Republicans do not raise welfare payments. Mostly, ruling politicians stick to the manifesto of their party. The current paper provides a theoretical explanation for this phenomenon that does not assume politicians or voters to be...
Persistent link: https://www.econbiz.de/10003633611
How does communication among voters affect turnout? In a laboratory experiment, subjects, divided into two competing … parties, choose between costly voting and abstaining. Pre-play communication treatments, relative to the No Communication … control, are Public Communication (subjects exchange public messages through computers) and Party Communication (messages are …
Persistent link: https://www.econbiz.de/10012901220
We study experimentally the effectiveness of communication in common value committees exhibiting publicly known … heterogeneous agents. These predict varying degrees of strategic communication. We use a 2 x 2 design varying the information … protocol (communication vs exogenous public signals) and the group composition (heterogeneous vs homogeneous). Results are only …
Persistent link: https://www.econbiz.de/10012995161
When groups face difficult problems, the voice of experts may be lost in the noise of others' contributions. We present results from a 'naturally noisy' setting, a large first-year undergraduate class, in which the 'expert's voice is lost' to such a degree that it is in fact optimal for all...
Persistent link: https://www.econbiz.de/10012257743
change the status quo. We study three scenarios - secrecy, where votes and communication are secret, mild transparency, where … individual votes are public, and full transparency, where both communication and individual votes are public. The two … than in theory. …
Persistent link: https://www.econbiz.de/10010486059
Journalism is widely believed to be crucial for holding elected officials accountable. At the same time economic theory …
Persistent link: https://www.econbiz.de/10011416918
We develop a model to study the political economy implications of information gatekeeping, i.e., a policy of granting access only to friendly media outlets and denying access to critical ones. While an incumbent prefers positive bias, granting access improves her re-election probability only if...
Persistent link: https://www.econbiz.de/10011824212