committees. Subjects get private signals about the state of world, send binary messages, and finally vote under either majority … reasoning), but strikingly overestimate their pivotality when voting (contradicting plain lying aversion). That is, committees …

information aggregation. Despite this, unanimity is frequently used in committees making decisions on behalf of society. This …

information aggregation. Despite this, unanimity is frequently used in committees making decisions on behalf of society. This …

We study experimentally the effectiveness of communication in common value committees exhibiting publicly known …

We study experimentally the effectiveness of communication in common value committees exhibiting publicly known …

We analyse committees of voters who take a decision between two options as a two- stage process. In a discussion stage …

-cautious behavior in committees. A committee of experts must decide whether to approve or reject a proposed innovation on behalf of … payoff if he/she voted in favor of an ill-fated innovation. An example is FDA committees, where committee members can be … matter how small the disesteem payoffs are, information aggregation fails in large committees: under any majority rule, the …

We analyse committees of voters who take a decision between two options as a two- stage process. In a discussion stage …

behalf of society. In addition to a payoff linked to the adequateness of the committee’s decision, each expert receives a … disesteem payoff if he/she voted in favor of an ill-fated innovation. An example is FDA committees, where committee members can … standard voting model, we show that information is aggregated in large committees provided disesteem payoffs are not overly …