G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6695
DP6695 One Person, Many Votes: Divided Majority and Information Aggregation
Micael Castanheira; Laurent Bouton
发表日期2008-02-07
出版年2008
语种英语
摘要We study a two-period model of committee decision-making where members differ in their levels of efficiency. They may acquire costly information that enhances their ability to make a correct decision. We focus on the impact of transparency. We show that the principal's initial utility is higher under transparency, because members exert more effort, which makes correct decisions more likely. The principal also benefits from transparency later, unless transparency leads to an alignment of the signal qualities of highly efficient and less efficient committee members. In general, committee members are harmed by transparency.
主题Public Economics
关键词Career concerns Committees Experts Information acquisition transparency
URLhttps://cepr.org/publications/dp6695
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/535532
推荐引用方式
GB/T 7714
Micael Castanheira,Laurent Bouton. DP6695 One Person, Many Votes: Divided Majority and Information Aggregation. 2008.
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