Deliberation, disclosure of information, and voting
AbstractA set of voters consults experts before voting over two alternatives. Experts observe private signals about the values of the alternatives and can reveal their information or conceal it, but cannot lie. We examine how disclosure and voting vary with preference biases, signal precision, and the voting rule. Unanimity rule can lead to greater information revelation and total utility than simple majority rule. The voting rule that maximizes information disclosure need not coincide with the voting rule that maximizes total utility. In a large enough society, full information revelation is approximated via any voting rule.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Economic Theory.
Volume (Year): 148 (2013)
Issue (Month): 1 ()
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Web page: http://www.elsevier.com/locate/inca/622869
Voting; Information; Disclosure; Deliberation; Experts; Committees; Sender-receiver;
Find related papers by 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
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
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