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We experimentally investigate information aggregation through majority voting when some voters are biased. In such situations, majority voting can have a dark side, that is, result in groups making choices inferior to those made by individuals acting alone. In line with theoretical predictions,...
Persistent link: https://www.econbiz.de/10010325107
We experimentally investigate information aggregation through majority voting when some voters are biased. In such situations, majority voting can have a "dark side", that is, result in groups making choices inferior to those made by individuals acting alone. In line with theoretical...
Persistent link: https://www.econbiz.de/10010195409
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Persistent link: https://www.econbiz.de/10012226454
We experimentally investigate information aggregation through majority voting when some voters are biased. In such situations, majority voting can have a dark side, that is, result in groups making choices inferior to those made by individuals acting alone. In line with theoretical predictions,...
Persistent link: https://www.econbiz.de/10010955344
We investigate experimentally the effects of corrupt experts on information aggregation in committees. We find that non-experts are significantly less likely to delegate through abstention when there is a probability that experts are corrupt. Such decreased abstention, when the probability of...
Persistent link: https://www.econbiz.de/10010929078
We experimentally investigate information aggregation through majority voting when some voters are biased. In such situations, majority voting can have a “dark side”, i.e. result in groups making choices inferior to those made by individuals acting alone. We develop a model to predict how...
Persistent link: https://www.econbiz.de/10011083707
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