Decision‐making in committees

L Hao, W Suen - … Journal of Economics/Revue canadienne d' …, 2009 - Wiley Online Library
This article reviews recent developments in the theory of committee decision‐making. A
committee consists of self‐interested members who make a public decision by aggregating …

Deliberation, preference uncertainty, and voting rules

D Austen-Smith, TJ Feddersen - American political science review, 2006 - cambridge.org
A deliberative committee is a group of at least two individuals who first debate about what
alternative to choose prior to these same individuals voting to determine the choice. We …

Deliberative voting

D Gerardi, L Yariv - Journal of Economic theory, 2007 - Elsevier
We analyze a model of jury decision making in which jurors deliberate before casting their
votes. We consider a wide range of voting institutions and show that deliberations render …

Information aggregation and communication in committees

D Austen-Smith, TJ Feddersen - … Transactions of the …, 2009 - royalsocietypublishing.org
In this paper, we attempt to explain the underlying strategic incentives confronting
individuals when they must make a collective decision over a set of alternatives and each …

Information acquisition and decision making in committees: A survey

K Gerling, HP Grüner, A Kiel, E Schulte - European Journal of Political …, 2005 - Elsevier
This is a survey on the recent game theoretic literature on committee decision making. We
consider theoretical work on the role of (i) strategic voting,(ii) costly information …

Communication and decision-making in corporate boards

N Malenko - The Review of Financial Studies, 2014 - academic.oup.com
Time constraints, managerial power, and reputational concerns can impede board
communication. This paper develops a model where board decisions depend on directors' …

Deliberation and voting rules

D Austen-Smith, T Feddersen - … choice and strategic decisions: essays in …, 2005 - Springer
We analyze a formal model of decision-making by a deliberative committee. There is a given
binary agenda. Individuals evaluate the two alternatives on both private and common …

The value of information in the court: Get it right, keep it tight

M Iaryczower, M Shum - American Economic Review, 2012 - aeaweb.org
We estimate an equilibrium model of decision making in the US Supreme Court that takes
into account both private information and ideological differences between justices. We …

To elect or to appoint? Bias, information, and responsiveness of bureaucrats and politicians

M Iaryczower, G Lewis, M Shum - Journal of Public Economics, 2013 - Elsevier
In this paper, we address empirically the trade-offs involved in choosing between
bureaucrats and politicians. In order to do this, we map institutions of selection and retention …

Strategic voting over strategic proposals

P Bond, H Eraslan - The Review of Economic Studies, 2010 - academic.oup.com
Prior research on “strategic voting” has reached the conclusion that unanimity rule is
uniquely bad: it results in destruction of information, and hence makes voters worse off. We …