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Collective decisions with interdependent valuations

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  • Gruner, Hans Peter
  • Kiel, Alexandra

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  • Gruner, Hans Peter & Kiel, Alexandra, 2004. "Collective decisions with interdependent valuations," European Economic Review, Elsevier, vol. 48(5), pages 1147-1168, October.
    • Handle: RePEc:eee:eecrev:v:48:y:2004:i:5:p:1147-1168
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    1. Piketty, Thomas, 1999. "The information-aggregation approach to political institutions," European Economic Review, Elsevier, vol. 43(4-6), pages 791-800, April.
    2. Jehiel, Philippe & Moldovanu, Benny & Stacchetti, Ennio, 1996. "How (Not) to Sell Nuclear Weapons," American Economic Review, American Economic Association, vol. 86(4), pages 814-829, September.
    3. Jehiel, Philippe & Moldovanu, Benny, 2001. "Efficient Design with Interdependent Valuations," Econometrica, Econometric Society, vol. 69(5), pages 1237-1259, September.
    4. Avinash Dixit & Henrik Jensen, 2000. "Equilibrium Contracts for the Central Bank of a Monetary Union," CESifo Working Paper Series 400, CESifo.
    5. Fieseler, Karsten & Kittsteiner, Thomas & Moldovanu, Benny, 2003. "Partnerships, lemons, and efficient trade," Journal of Economic Theory, Elsevier, vol. 113(2), pages 223-234, December.
    6. Gros Daniel & Hefeker Carsten, 2002. "One Size Must Fit All: National Divergences in a Monetary Union," German Economic Review, De Gruyter, vol. 3(3), pages 247-262, August.
    7. d'Aspremont, Claude & Gerard-Varet, Louis-Andre, 1979. "Incentives and incomplete information," Journal of Public Economics, Elsevier, vol. 11(1), pages 25-45, February.
    8. Casella, Alessandra, 2005. "Storable votes," Games and Economic Behavior, Elsevier, vol. 51(2), pages 391-419, May.
    9. Süppel, Ralph & von Hagen, Jürgen, 1994. "Central Bank Constitutions for Monetary Unions," CEPR Discussion Papers 919, C.E.P.R. Discussion Papers.
    10. Crawford, Vincent P & Sobel, Joel, 1982. "Strategic Information Transmission," Econometrica, Econometric Society, vol. 50(6), pages 1431-1451, November.
    11. von Hagen, Jurgen & Suppel, Ralph, 1994. "Central bank constitutions for federal monetary unions," European Economic Review, Elsevier, vol. 38(3-4), pages 774-782, April.
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    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2012. "Robust Implementation in Direct Mechanisms," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 4, pages 153-194, World Scientific Publishing Co. Pte. Ltd..
    2. Rosar, Frank, 2015. "Continuous decisions by a committee: Median versus average mechanisms," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 15-65.
    3. Gershkov, Alex & Kleiner, Andreas & Moldovanu, Benny & Shi, Xianwen, 2023. "Voting with interdependent values: The Condorcet winner," Games and Economic Behavior, Elsevier, vol. 142(C), pages 193-208.
    4. Bernd Hayo & Pierre-Guillaume Méon, 2013. "Behind closed doors: Revealing the ECB’s decision rule," Post-Print CEB, ULB -- Universite Libre de Bruxelles, vol. 37, pages 135-160, October.
    5. Rausser, Gordon C. & Simon, Leo K. & Zhao, Jinhua, 2008. "Rational Exaggeration in Information Aggregation Games," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt9nc4n5s6, Department of Agricultural & Resource Economics, UC Berkeley.
    6. Farvaque, Etienne & Matsueda, Norimichi & Méon, Pierre-Guillaume, 2009. "How monetary policy committees impact the volatility of policy rates," Journal of Macroeconomics, Elsevier, vol. 31(4), pages 534-546, December.
    7. Bernd Hayo & Guillaume Méon, 2012. "Why Countries Matter for Monetary Policy Decision-Making in the ESCB," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 10(01), pages 21-26, April.
    8. Gordon Rausser & Leo Simon & Jinhua Zhao, 2015. "Rational exaggeration and counter-exaggeration in information aggregation games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 59(1), pages 109-146, May.
    9. Salvador Barberà & Antonio Nicolò, 2016. "Information Disclosure under Strategy-proof Social Choice Functions," Working Papers 904, Barcelona School of Economics.
    10. Arnab Bhattacharjee & Sean Holly, 2013. "Understanding Interactions in Social Networks and Committees," Spatial Economic Analysis, Taylor & Francis Journals, vol. 8(1), pages 23-53, March.
    11. Jehiel, Philippe & Moldovanu, Benny, 2005. "Allocative and Informational Externalities in Auctions and Related Mechanisms," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 142, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    12. Alex Gershkov & Andreas Kleiner & Benny Moldovanu & Xianwen Shi, 2019. "The Art of Compromising: Voting with Interdependent Values and the Flag of the Weimar Republic," Working Papers tecipa-645, University of Toronto, Department of Economics.
    13. repec:ces:ifodic:v:10:y:2012:i:1:p:18176872 is not listed on IDEAS
    14. Shadmehr, Mehdi, 2015. "Simple decision rules in small groups: Collegial rule vs. rotational rule," Journal of Economic Behavior & Organization, Elsevier, vol. 113(C), pages 51-63.
    15. Arnab Bhattacharjee & Sean Holly, 2013. "Understanding Interactions in Social Networks and Committees," Spatial Economic Analysis, Taylor & Francis Journals, vol. 8(1), pages 23-53, March.
    16. Louis, Philippos & Núñez, Matías & Xefteris, Dimitrios, 2023. "Trimming extreme reports in preference aggregation," Games and Economic Behavior, Elsevier, vol. 137(C), pages 116-151.
    17. Gerling, Kerstin & Gruner, Hans Peter & Kiel, Alexandra & Schulte, Elisabeth, 2005. "Information acquisition and decision making in committees: A survey," European Journal of Political Economy, Elsevier, vol. 21(3), pages 563-597, September.
    18. Chisari, Omar O. & Romero, Carlos A., 2008. "Investment decisions in electricity transmission in Argentina: The role of earmarked funds and gas pipeline expansions," Energy Economics, Elsevier, vol. 30(4), pages 1321-1333, July.
    19. , & ,, 2013. "Specialization and partisanship in committee search," Theoretical Economics, Econometric Society, vol. 8(3), September.
    20. Name Correa, Alvaro J. & Yildirim, Huseyin, 2021. "Biased experts, majority rule, and the optimal composition of committee," Games and Economic Behavior, Elsevier, vol. 127(C), pages 1-27.

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