Decision Making in Committees: Transparency, Reputation, and Voting Rules
Author
Abstract
Suggested Citation
Note: DOI: 10.1257/aer.97.1.150
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Levy, Gilat, 2007. "Decision making in committees: transparency, reputation, and voting rules," LSE Research Online Documents on Economics 3697, London School of Economics and Political Science, LSE Library.
- Levy, Gilat, 2005. "Decision making in committees: transparency, reputation and voting rules," LSE Research Online Documents on Economics 543, London School of Economics and Political Science, LSE Library.
References listed on IDEAS
- Anne Sibert, 2003. "Monetary Policy Committees: Individual and Collective Reputations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(3), pages 649-665.
- Andrea Prat, 2005.
"The Wrong Kind of Transparency,"
American Economic Review, American Economic Association, vol. 95(3), pages 862-877, June.
- Andrea Prat, 2002. "The Wrong Kind of Transparency," STICERD - Theoretical Economics Paper Series 439, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Prat, Andrea, 2002. "The wrong kind of transparency," LSE Research Online Documents on Economics 3679, London School of Economics and Political Science, LSE Library.
- Prat, Andrea, 2004. "The wrong kind of transparency," LSE Research Online Documents on Economics 24712, London School of Economics and Political Science, LSE Library.
- Prat, Andrea, 2003. "The Wrong Kind of Transparency," CEPR Discussion Papers 3859, C.E.P.R. Discussion Papers.
- Austen-Smith, David & Banks, Jeffrey S., 1996. "Information Aggregation, Rationality, and the Condorcet Jury Theorem," American Political Science Review, Cambridge University Press, vol. 90(1), pages 34-45, March.
- Trueman, Brett, 1994. "Analyst Forecasts and Herding Behavior," The Review of Financial Studies, Society for Financial Studies, vol. 7(1), pages 97-124.
- Ottaviani, Marco & Sorensen, Peter, 2001. "Information aggregation in debate: who should speak first?," Journal of Public Economics, Elsevier, vol. 81(3), pages 393-421, September.
- Feddersen, Timothy & Pesendorfer, Wolfgang, 1998. "Convicting the Innocent: The Inferiority of Unanimous Jury Verdicts under Strategic Voting," American Political Science Review, Cambridge University Press, vol. 92(1), pages 23-35, March.
- John Fingleton, 2005. "Career Concerns of Bargainers," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 21(1), pages 179-204, April.
- Daniel J. Seidmann, 2008.
"Optimal Quotas in Private Committees,"
Economic Journal, Royal Economic Society, vol. 118(525), pages 16-36, January.
- DanielJ. Seidmann, 2008. "Optimal Quotas in Private Committees," Economic Journal, Royal Economic Society, vol. 118(525), pages 16-36, January.
- Daniel Seidmann, 2006. "Optimal Quotas in Private Committees," Discussion Papers 2006-10, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Bengt Holmström, 1999. "Managerial Incentive Problems: A Dynamic Perspective," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(1), pages 169-182.
- Levy, Gilat, 2004.
"Anti-herding and strategic consultation,"
European Economic Review, Elsevier, vol. 48(3), pages 503-525, June.
- Levy, Gilat, 2004. "Anti-herding and strategic consultation," LSE Research Online Documents on Economics 541, London School of Economics and Political Science, LSE Library.
- David Austen-Smith & Tim Feddersen, 2002. "Deliberation and Voting Rules," Discussion Papers 1359, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Timothy Feddersen & Wolfgang Pesendorfer, 1996. "Convicting the Innocent: The Inferiority of Unanimous Jury Verdicts," Discussion Papers 1170, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Nicola Persico, 2004. "Committee Design with Endogenous Information," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(1), pages 165-191.
- Bengt Holmstrom, 1999. "Managerial Incentive Problems: A Dynamic Perspective," NBER Working Papers 6875, National Bureau of Economic Research, Inc.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Stephen Hansen & Michael McMahon, 2016.
"First Impressions Matter: Signalling as a Source of Policy Dynamics,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(4), pages 1645-1672.
- Stephen Hansen & Michael McMahon, 2011. "First Impressions Matter: Signalling as a Source of Policy Dynamics," CEP Discussion Papers dp1074, Centre for Economic Performance, LSE.
- Stephen Eliot Hansen & Michael McMahon, 2011. "First impressions matter: Signalling as a source of policy dynamics," Economics Working Papers 1279, Department of Economics and Business, Universitat Pompeu Fabra.
- Michael McMahon & Stephen Hansen, 2012. "First Impressions Matter: Signalling as a Source of Policy Dynamics," 2012 Meeting Papers 1163, Society for Economic Dynamics.
- Stephen E. Hansen & Michael McMahon, 2011. "First Impressions Matter: Signalling as a Source of Policy Dynamics," Working Papers 572, Barcelona School of Economics.
- Hansen, Stephen & Mcmahon, Michael, 2011. "First impressions matter: signalling as a source of policy dynamics," LSE Research Online Documents on Economics 121736, London School of Economics and Political Science, LSE Library.
- McMahon, Michael & Hansen, Stephen, 2013. "First Impressions Matter: Signalling as a Source of Policy Dynamics," CEPR Discussion Papers 9607, C.E.P.R. Discussion Papers.
- Stephen Hansen & Michael McMahon, 2012. "First Impressions Matter: Signalling as a Source of Policy Dynamics," CESifo Working Paper Series 3782, CESifo.
- Hans Gersbach & Volker Hahn, 2012.
"Information acquisition and transparency in committees,"
International Journal of Game Theory, Springer;Game Theory Society, vol. 41(2), pages 427-453, May.
- Gersbach, Hans & Hahn, Volker, 2008. "Information Acquisition and Transparency in Committees," CEPR Discussion Papers 6677, C.E.P.R. Discussion Papers.
- Liu, Yaozhou Franklin & Sanyal, Amal, 2012.
"When second opinions hurt: A model of expert advice under career concerns,"
Journal of Economic Behavior & Organization, Elsevier, vol. 84(1), pages 1-16.
- Liu, Yaozhou Franklin & Sanyal, Amal, 2010. "When Second Opinions Hurt: A Model of Expert Advice under Career Conce rns," Working Papers 2010-08, University of Sydney, School of Economics.
- Liu, Yaozhou Franklin & Sanyal, Amal, 2010. "When second opinions hurt: a model of expert advice under career concerns," MPRA Paper 27176, University Library of Munich, Germany.
- Breitmoser, Yves & Valasek, Justin, 2017. "A rationale for unanimity in committees," Discussion Papers, Research Unit: Economics of Change SP II 2017-308, WZB Berlin Social Science Center.
- Hahn, Volker, 2017.
"Committee design with endogenous participation,"
Games and Economic Behavior, Elsevier, vol. 102(C), pages 388-408.
- Volker Hahn, 2013. "Committee Design with Endogenous Participation," Working Paper Series of the Department of Economics, University of Konstanz 2013-12, Department of Economics, University of Konstanz.
- Hahn, Volker, 2016. "Committee Design with Endogenous Participation," VfS Annual Conference 2016 (Augsburg): Demographic Change 145599, Verein für Socialpolitik / German Economic Association.
- Volker Hahn, 2012.
"On the Optimal Size of Committees of Experts,"
Working Paper Series of the Department of Economics, University of Konstanz
2012-24, Department of Economics, University of Konstanz.
- Hahn, Volker, 2012. "On the Optimal Size of Committees of Experts," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62041, Verein für Socialpolitik / German Economic Association.
- Elisabeth Schulte, 2010.
"Information aggregation and preference heterogeneity in committees,"
Theory and Decision, Springer, vol. 69(1), pages 97-118, July.
- Elisabeth Schulte, 2006. "Information Aggregation and Preference Heterogeneity in Committees," JEPS Working Papers 06-003, JEPS.
- Andrea Prat, 2005.
"The Wrong Kind of Transparency,"
American Economic Review, American Economic Association, vol. 95(3), pages 862-877, June.
- Prat, Andrea, 2002. "The wrong kind of transparency," LSE Research Online Documents on Economics 3679, London School of Economics and Political Science, LSE Library.
- Prat, Andrea, 2003. "The Wrong Kind of Transparency," CEPR Discussion Papers 3859, C.E.P.R. Discussion Papers.
- Andrea Prat, 2002. "The Wrong Kind of Transparency," STICERD - Theoretical Economics Paper Series 439, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Prat, Andrea, 2004. "The wrong kind of transparency," LSE Research Online Documents on Economics 24712, London School of Economics and Political Science, LSE Library.
- Dino Gerardi & Leeat Yariv, 2003.
"Committee Design in the Presence of Communication,"
Cowles Foundation Discussion Papers
1411, Cowles Foundation for Research in Economics, Yale University.
- Dino Gerardi & Leeat Yariv, 2004. "Committee Design in the Presence of Communication," Yale School of Management Working Papers ysm351, Yale School of Management.
- Ghosh, Saptarshi P. & Roy, Jaideep, 2015. "Committees with leaks," Games and Economic Behavior, Elsevier, vol. 90(C), pages 207-214.
- Otto H. Swank & Bauke Visser, 2007.
"Is Transparency to no avail? Committee Decision-making, Pre-meetings, and Credible Deals,"
Tinbergen Institute Discussion Papers
07-055/1, Tinbergen Institute.
- Otto H. Swank & Bauke Visser, 2008. "Is Transparency to No Avail? Committee Decision-Making, Pre-Meetings, and Credible Deals," Economics Working Papers ECO2008/18, European University Institute.
- Hahn, Volker, 2011.
"Sequential aggregation of verifiable information,"
Journal of Public Economics, Elsevier, vol. 95(11), pages 1447-1454.
- Volker Hahn, 2010. "Sequential Aggregation of Verifiable Information," CER-ETH Economics working paper series 10/136, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Keiichi Morimoto, 2021. "Information Use and the Condorcet Jury Theorem," Mathematics, MDPI, vol. 9(10), pages 1-22, May.
- Jerome Mathis, 2006. "Deliberation with Partially Verifiable Information," THEMA Working Papers 2006-03, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Midjord, Rune & Rodríguez Barraquer, Tomás & Valasek, Justin, 2021. "When voters like to be right: An analysis of the Condorcet Jury Theorem with mixed motives," Journal of Economic Theory, Elsevier, vol. 198(C).
- Gerardi, Dino & Yariv, Leeat, 2007. "Deliberative voting," Journal of Economic Theory, Elsevier, vol. 134(1), pages 317-338, May.
- Bouton, Laurent & Castanheira, Micael & Llorente-Saguer, Aniol, 2016.
"Divided majority and information aggregation: Theory and experiment,"
Journal of Public Economics, Elsevier, vol. 134(C), pages 114-128.
- Castanheira, Micael & Bouton, Laurent & Llorente-Saguer, Aniol, 2012. "Divided Majority and Information Aggregation: Theory and Experiment," CEPR Discussion Papers 9234, C.E.P.R. Discussion Papers.
- Laurent Bouton & Micael Castanheira & Aniol Llorente-Saguer, 2012. "Divided Majority and Information Aggregation: Theory and Experiment," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2012_20, Max Planck Institute for Research on Collective Goods.
- Laurent Bouton & Micael Castanheira & Aniol Llorente-Saguer, 2015. "Divided Majority and Information Aggregation: Theory and Experiment," Working Papers 777, Queen Mary University of London, School of Economics and Finance.
- Micael Castanheira De Moura & Laurent Bouton & A. Llorente-Saguer, 2016. "Divided Majority and Information Aggregation: Theory and Experiment," ULB Institutional Repository 2013/242105, ULB -- Universite Libre de Bruxelles.
- Sourav Bhattacharya, 2006. "Preference Monotonicity and Information Aggregation in Elections," Working Paper 325, Department of Economics, University of Pittsburgh, revised Dec 2008.
- Hansen, Stephen & McMahon, Michael, 2010.
"What Do Outside Experts Bring To A Committee? Evidence From The Bank of England,"
Economic Research Papers
270783, University of Warwick - Department of Economics.
- Hansen, Stephen & McMahon, Michael, 2010. "What Do Outside Experts Bring To A Committee? Evidence From The Bank of England," The Warwick Economics Research Paper Series (TWERPS) 946, University of Warwick, Department of Economics.
- Stephen E. Hansen & Michael McMahon, 2010. "What Do Outside Experts Bring To A Committee? Evidence From The Bank of England," Working Papers 512, Barcelona School of Economics.
- Stephen Eliot Hansen & Michael McMahon, 2010. "What do outside experts bring to a committee? Evidence from the Bank of England," Economics Working Papers 1238, Department of Economics and Business, Universitat Pompeu Fabra.
- Murali Agastya & Jorge Rojas-Vallejos, 2023. "The “desire to conform” and dynamic search by a committee," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(3), pages 737-756, September.
More about this item
JEL classification:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:aecrev:v:97:y:2007:i:1:p:150-168. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.