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Votes based on protracted deliberations

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Author Info

  • Neilson, William S.
  • Winter, Harold

Abstract

We analyze group decision-making in situations in which members discuss the value of a continuous random variable, then take an up-or-down vote based on their assessments of the continuous variable. Applications include jury deliberations and tenure and promotion or partnership votes. We determine conditions under which the group can reach a consensus on the value of the continuous variable, conditions under which the group fails to reach an agreement on the up-or-down vote, and when the outcome of a successful up-or-down vote matches the consensus on the continuous variable. We also consider the impact of unanimous versus nonunanimous voting rules.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

Volume (Year): 67 (2008)
Issue (Month): 1 (July)
Pages: 308-321

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Handle: RePEc:eee:jeborg:v:67:y:2008:i:1:p:308-321

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Web page: http://www.elsevier.com/locate/jebo

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References

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  1. Jyh-Chyi Gong & John Conlisk & Ching H. Tong, 2001. "Actions influenced by a social network," Journal of Evolutionary Economics, Springer, vol. 11(3), pages 277-305.
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  4. Neilson, William S. & Winter, Harold, 2000. "Bias and the economics of jury selection," International Review of Law and Economics, Elsevier, vol. 20(2), pages 223-250, June.
  5. Neilson, William S. & Winter, Harold, 2005. "The Elimination of Hung Juries: Retrials and Nonunanimous Verdicts," International Review of Law and Economics, Elsevier, vol. 25(1), pages 1-19, March.
  6. Peter M. Demarzo & Dimitri Vayanos & Jeffrey Zwiebel, 2003. "Persuasion Bias, Social Influence, And Unidimensional Opinions," The Quarterly Journal of Economics, MIT Press, vol. 118(3), pages 909-968, August.
  7. Luis Garicano & Richard A. Posner, 2005. "Intelligence Failures: An Organizational Economics Perspective," Journal of Economic Perspectives, American Economic Association, vol. 19(4), pages 151-170, Fall.
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  9. Glazer, J. & Rubinstein, A., 1997. "Debates and Decisions: On a Rationale of Argumentation Rules," Papers 17-97, Tel Aviv.
  10. Hao Li & Sherwin Rosen & Wing Suen, 2000. "Conflicts and Common Interests in Committees," Econometric Society World Congress 2000 Contributed Papers 0341, Econometric Society.
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Citations

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Cited by:
  1. Neilson, William & Wichmann, Bruno, 2014. "Social networks and non-market valuations," Journal of Environmental Economics and Management, Elsevier, vol. 67(2), pages 155-170.
  2. Neilson, William S. & Winter, Harold, 2005. "The Elimination of Hung Juries: Retrials and Nonunanimous Verdicts," International Review of Law and Economics, Elsevier, vol. 25(1), pages 1-19, March.
  3. Jackson, Matthew O. & Tan, Xu, 2013. "Deliberation, disclosure of information, and voting," Journal of Economic Theory, Elsevier, vol. 148(1), pages 2-30.

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