The decision of a committee is determined jointly by the voting process it adopts and the composition of its membership. The paper analyses the process through which committee members emerge from the eligible population and traces the consequences of this for the decisions of the committee. It is shown that the equilibrium committee will be composed of representatives from the extremes of the taste distribution. These extremes balance each other and the committee reaches a moderate decision. However, this mutual negation by the extremes is a socially wasteful use of time. Data from the UK House of Lords is used to illustrate these results.
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Paper provided by University of Exeter, School of Business and Economics in its series Discussion Papers with number
00/09.
Length: 19 pages Date of creation: 2000 Date of revision: Handle: RePEc:fth:exetec:00/09
Contact details of provider: Postal: School of Business and Economics University of Exeter Streatham Court Rennes Drive Exeter EX4 4PU Phone: (01392) 263218 Fax: (01392) 263242 Web page: http://www.exeter.ac.uk/sobe/ More information through EDIRC
Find related papers by JEL classification: D6 - Microeconomics - - Welfare Economics D7 - Microeconomics - - Analysis of Collective Decision-Making
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Martin J. Osborne & Jeffrey S. Rosenthal & Matthew A. Turner, 2000.
"Meetings with Costly Participation,"
American Economic Review,
American Economic Association, vol. 90(4), pages 927-943, September.
[Downloadable!] (restricted)
Other versions:
Martin Osborne & Jeffry Rosenthal & Matthew A. Turner, 1998.
"Meetings with costly participation,"
Working Papers
mturner-98-02, University of Toronto, Department of Economics.
[Downloadable!]