Jacob, S. Nageeb Ali and Goeree, Jacob K. and Kartik, Navin and Palfrey, Thomas R. (2008) Information aggregation in standing and ad hoc committees. Social Science Working Paper, 1280R. California Institute of Technology , Pasadena, CA. (Unpublished) https://resolver.caltech.edu/CaltechAUTHORS:20170728-145558781
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Abstract
This paper reports results from a laboratory experiment comparing voting behavior and decision making efficiency in standing and ad hoc committees, where decisions are made by unanimity rule. We also compare sequential and simultaneous (secret ballot) voting procedures. The data are remarkably consistent across treatments, in both qualitative (comparative statics) and quantitative terms. The different procedures and the ad hoc or standing nature of the committees generally do not seem to lead to the selection of different equilibria, with the exception of some evidence of bandwagon effects in the sequential procedure.
| Item Type: | Report or Paper (Working Paper) | ||||||||||||||||||
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| Additional Information: | Revised version. Original: December 2007. This paper was prepared for the invited session “Information Aggregation by Voting” at the 2008 AEA Meetings, New Orleans. We gratefully acknowledge the financial support of the National Science Foundation (SES-0079301, SES-0450712, SES-0551014), the Gordon and Betty Moore Foundation, the Dutch National Science Foundation (VICI 453.03.606), CASSEL at UCLA, SSEL at Caltech, and the Institute for Advanced Study at Princeton. We thank David Austen-Smith for comments, and Chulyoung Kim, Uliana Popova, and Stephanie Wang for research assistance. Published as Ali, S.N., Goeree, J.K., Kartik, N., & Palfrey, T.R. (2008). Information aggregation in standing and ad hoc committees. The American economic review, 98(2), 181-186. | ||||||||||||||||||
| Group: | Social Science Working Papers | ||||||||||||||||||
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| Subject Keywords: | experiment, committees, information aggregation, voting, jury, elections | ||||||||||||||||||
| Series Name: | Social Science Working Paper | ||||||||||||||||||
| Issue or Number: | 1280R | ||||||||||||||||||
| Classification Code: | JEL: C92, D71, D82 | ||||||||||||||||||
| Record Number: | CaltechAUTHORS:20170728-145558781 | ||||||||||||||||||
| Persistent URL: | https://resolver.caltech.edu/CaltechAUTHORS:20170728-145558781 | ||||||||||||||||||
| Usage Policy: | No commercial reproduction, distribution, display or performance rights in this work are provided. | ||||||||||||||||||
| ID Code: | 79556 | ||||||||||||||||||
| Collection: | CaltechAUTHORS | ||||||||||||||||||
| Deposited By: | Jacquelyn Bussone | ||||||||||||||||||
| Deposited On: | 02 Aug 2017 18:48 | ||||||||||||||||||
| Last Modified: | 22 Nov 2019 09:58 |
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