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Group decision-making processes are often adopted to strengthen social bonds. In this paper, I study experimentally the … effects of group decision-making on social preferences towards group members, while distinguishing between participation and … outcome effects. I find that participation in a group decision-making process enhances kindness towards group members …
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We model the financial cooperative as an optimal institution sharing liquidity risks among agents with social preference and group identity. Stronger social concerns imply objectively better (worse) conditions for borrowers (depositors). Testing the model, we find that, indeed, deposit and loan...
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Weighted committees allow shareholders, party leaders, etc. to wield different numbers of votes or voting weights as they decide between multiple candidates by a given social choice method. We consider committees that apply scoring methods such as plurality, Borda, or antiplurality rule. Many...
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