Consistency and Communication in Committees
AbstractThis paper analyzes truthtelling incentives in pre-vote communication in heterogeneous committees. We generalize the classical Condorcet jury model by introducing a new informational structure that captures consistency of information. In contrast to the impossibility result shown by Coughlan (2000) for the classical model, full pooling of information followed by sincere voting is an equilibrium outcome of our model for a large set of parameter values implying the possibility of ex post conflict between committee members. Furthermore, abandonning the assumption of sincere voting, we characterize necessary and sufficient conditions for the implementability of the first best decision rule via truthful equilibria.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Bonn, Germany in its series Bonn Econ Discussion Papers with number bgse02_2013.
Date of creation: Feb 2013
Date of revision:
Contact details of provider:
Postal: Bonn Graduate School of Economics, University of Bonn, Adenauerallee 24 - 26, 53113 Bonn, Germany
Fax: +49 228 73 6884
Web page: http://www.bgse.uni-bonn.de/index.php?id=494
Communication; Committees; Voting;
Find related papers by JEL classification:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-03-16 (All new papers)
- NEP-CDM-2013-03-16 (Collective Decision-Making)
- NEP-CTA-2013-03-16 (Contract Theory & Applications)
- NEP-MIC-2013-03-16 (Microeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Patrick Hummel, 2012. "Deliberation in large juries with diverse preferences," Public Choice, Springer, vol. 150(3), pages 595-608, March.
- Dino Gerardi & Richard McLean & Andrew Postlewaite, 2005.
"Aggregation of Expert Opinions,"
Cowles Foundation Discussion Papers
1503, Cowles Foundation for Research in Economics, Yale University.
- Asher Wolinsky, 1999.
"Eliciting Information From Multiple Experts,"
1277, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Gerardi, Dino & Yariv, Leeat, 2007. "Deliberative voting," Journal of Economic Theory, Elsevier, vol. 134(1), pages 317-338, May.
- Jacob K. Goeree & Leeat Yariv, 2011. "An Experimental Study of Collective Deliberation," Econometrica, Econometric Society, vol. 79(3), pages 893-921, 05.
- Van Weelden, Richard, 2008. "Deliberation Rules and Voting," International Quarterly Journal of Political Science, now publishers, vol. 3(1), pages 83-88, January.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (BGSE Office).
If references are entirely missing, you can add them using this form.