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Committees, sequential voting and transparency

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Author Info
Hahn, Volker

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Abstract

We propose a model of sequential voting in committees, where members use their individual votes to signal high efficiency in their bid to become re-appointed. Transparency precludes efficient information aggregation, and thus decreases the utility of the principal in the first period; it may be beneficial to her in the second period. Under transparency, equilibria under sequential voting always differ from those under simultaneous voting and may lead to more or less efficient information aggregation.

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File URL: http://www.sciencedirect.com/science/article/B6V88-4SM62B8-1/2/21d5099dab5d77214f9b988b82ed6d7a
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Publisher Info
Article provided by Elsevier in its journal Mathematical Social Sciences.

Volume (Year): 56 (2008)
Issue (Month): 3 (November)
Pages: 366-385
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Handle: RePEc:eee:matsoc:v:56:y:2008:i:3:p:366-385

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Web page: http://www.elsevier.com/locate/inca/505565

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Related research
Keywords: Committees Information aggregation Transparency Voting Sequential voting;

Cited by:
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  1. Jean-François Laslier & Jörgen Weibull, 2008. "Committee decisions: Optimality and Equilibrium," Working Papers halshs-00121741_v3, HAL. [Downloadable!]
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