G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10466
DP10466 Deliberating Collective Decisions
Alessandro Lizzeri; Leeat Yariv; Jimmy Chan; Wing Suen
发表日期2015-03-08
出版年2015
语种英语
摘要We present a dynamic model of sequential information acquisition by a heterogeneous committee. At each date agents decide whether to vote to adopt one of two alternatives or continue to collect more information. The process stops when a qualified majority vote for an alternative. Three main insights emerge from our analysis and match an array of stylized facts on committee decision making. First, majority rule is more fragile than super-majority rules to impatient committee members. Second, more diverse preferences, more consensual deliberation rules, or more unanimous de- cision voting rules lead to lengthier deliberation and more accurate decisions. Last, balanced committees unanimously prefer to delegate deliberation power to a moderate chairman rather than be governed by a deliberation rule such as unanimity.
主题Public Economics
关键词Collec- tive learning Optimal stopping Sequential likelihood ratio test Swing voters
URLhttps://cepr.org/publications/dp10466
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/539298
推荐引用方式
GB/T 7714
Alessandro Lizzeri,Leeat Yariv,Jimmy Chan,et al. DP10466 Deliberating Collective Decisions. 2015.
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