Showing 1 - 10 of 93,428
-Satterthwaite theorems is discussed from the viewpoint of dilemma between dictatorship and manipulability. …
Persistent link: https://www.econbiz.de/10010529891
We investigate experimentally whether collective choice matters for individual attitudes to ambiguity. We consider a two-urn Ellsberg experiment: one urn offers a 45% chance of winning a fixed monetary prize, the other an ambiguous chance. Participants choose either individually or in groups of...
Persistent link: https://www.econbiz.de/10010403247
We develop a dynamic model in which a group collectively bargains with an external party. At each date the group makes an offer to the external party (the 'agent') in exchange for a concession. Group members hold heterogeneous preferences over agreements and are uncertain about the agent's...
Persistent link: https://www.econbiz.de/10014444047
described necessary and sufficient conditions for oligarchy and dictatorship results in social choice models that are nonbinary …
Persistent link: https://www.econbiz.de/10014025189
We present simple and direct arguments to characterize strongly group strategy-proof social choice functions whose range is of cardinality two. The underlying society is of arbitrary cardinality, and agents can be indifferent among alternatives.
Persistent link: https://www.econbiz.de/10015271439
Power is a core concept in the analysis and design of organizations. One of the problems with the extant literature on positional power in hierarchies is that it is mainly restricted to the analysis of power in terms of the bare positions of the actors. While such an analysis informs us about...
Persistent link: https://www.econbiz.de/10011377381
Despite the wide variety of agendas used in legislative settings, the literature on sophisticated voting has focused on two formats, the so-called Euro-Latin and Anglo-American agendas. In the current paper, I introduce a broad class of agendas whose defining structural features,...
Persistent link: https://www.econbiz.de/10012415641
Majority voting is considered an efficient information aggregation mechanism in committee decision-making. We examine if this holds in environments where voters first need to acquire information from sources of varied quality and cost. In such environments, efficiency may depend on free-riding...
Persistent link: https://www.econbiz.de/10014501231
We introduce a binding unanimous voting rule to a public goods game with an uncertain threshold for the total group contribution. In a laboratory experiment we find that voting generates significantly higher total contributions than making individual voluntary contributions to the public good....
Persistent link: https://www.econbiz.de/10010391142
In a laboratory experiment, we investigate if groups consisting of two heterogeneous player types (with different marginal contribution costs) can increase their total contributions and payoffs in a threshold public goods game if transfer payments are possible among the players. We find that...
Persistent link: https://www.econbiz.de/10011379928