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Deliberation, Leadership and Information Aggregation

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  • Javier Rivas

    ()

  • Carmelo Rodriguez-Alvarez

    ()

Abstract

We analyze committees of voters who take a decision between two options as a two stage process. In a discussion stage, voters share non verifiable information about a private signal concerning what is the best option. In a voting stage, votes are cast and one of the options is implemented. We introduce the possibility of leadership whereby a certain voter, the leader, is more influential than the rest at the discussion stage even though she is not better informed. We study information transmission and find, amongst others, a non-monotonic relation between how influential the leader is and how truthful voters are at discussion stage.

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Paper provided by Department of Economics, University of Leicester in its series Discussion Papers in Economics with number 12/16.

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Date of creation: Sep 2012
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Handle: RePEc:lec:leecon:12/16

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  1. Feddersen, Timothy J & Pesendorfer, Wolfgang, 1996. "The Swing Voter's Curse," American Economic Review, American Economic Association, vol. 86(3), pages 408-24, June.
  2. Torun Dewan & David P Myatt, 2012. "On the rhetorical strategies of leaders: Speaking clearly, standing back, and stepping down," Journal of Theoretical Politics, , vol. 24(4), pages 431-460, October.
  3. Cesar Martinelli, 2002. "Would Rational Voters Acquire Costly Information?," Working Papers 0210, Centro de Investigacion Economica, ITAM.
  4. Gerardi, Dino & Yariv, Leeat, 2007. "Deliberative voting," Journal of Economic Theory, Elsevier, vol. 134(1), pages 317-338, May.
  5. Ran Spiegler, 2006. "Argumentation in Multi-issue Debates," Social Choice and Welfare, Springer, vol. 26(2), pages 385-402, April.
  6. Gershkov, Alex & Szentes, Balázs, 2009. "Optimal voting schemes with costly information acquisition," Journal of Economic Theory, Elsevier, vol. 144(1), pages 36-68, January.
  7. A. Rubinstein & J. Glazer, . "Debates and Decisions, On a Rationale of Argumentation Rules," Princeton Economic Theory Papers 00s7, Economics Department, Princeton University.
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