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Meaningful Learning in Weighted Voting Games: An Experiment

Author

Listed:
  • Eric Guerci

    (Université Nice Sophia Antipolis
    GREDEG-CNRS)

  • Nobuyuki Hanaki

    (Université Nice Sophia Antipolis
    GREDEG-CNRS
    IUF)

  • Naoki Watanabe

    (University of Tsukuba, Japan)

Abstract

By employing binary committee choice problems, this paper investigates how varying or eliminating feedback about payoffs affects: (1) subjects' learning about the underlying relationship between their nominal voting weights and their expected payoffs in weighted voting games; and (2) the transfer of acquired learning from one committee choice problem to a similar but different problem. In the experiment, subjects choose to join one of two committees (weighted voting games) and obtain a payoff stochastically determined by a voting theory. We found that: (i) subjects learned to choose the committee that generates a higher expected payoff even without feedback about the payoffs they received; and (ii) there was statistically significant evidence of ``meaningful learning'' (transfer of learning) only for the treatment with no payoff-related feedback. This finding calls for re-thinking existing models of learning to incorporate some type of introspection.

Suggested Citation

  • Eric Guerci & Nobuyuki Hanaki & Naoki Watanabe, 2015. "Meaningful Learning in Weighted Voting Games: An Experiment," GREDEG Working Papers 2015-40, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    • Handle: RePEc:gre:wpaper:2015-40
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    References listed on IDEAS

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    Cited by:

    1. Eric Guerci & Nobuyuki Hanaki & Naoki Watanabe, 2017. "Meaningful learning in weighted voting games: an experiment," Theory and Decision, Springer, vol. 83(1), pages 131-153, June.
    2. Eric Guerci & Nobuyuki Hanaki & Naoki Watanabe & Gabriele Esposito & Xiaoyan Lu, 2014. "A methodological note on a weighted voting experiment," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 43(4), pages 827-850, December.
    3. Matthias Weber, 2014. "Choosing Voting Systems behind the Veil of Ignorance: A Two-Tier Voting Experiment," Tinbergen Institute Discussion Papers 14-042/I, Tinbergen Institute.

    More about this item

    Keywords

    Learning; voting game; experiment; two-armed bandit problem;

    JEL classification:

    • C79 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Other
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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