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A Theory of Voting Patterns and Performance in Private and Public Committees

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  • Daniel J. Seidmann

    () (School of Economics, University of Nottingham)

Abstract

We analyze voting in private and public committees whose members care about the selected decision and the rewards which outsiders pay for representing their interests. If the agenda is binary or outsiders are symmetric then a private committee reaches decisions which better serve organizational goals than either a public committee or a randomly chosen committee member; whereas symmetric outsiders are best served by a public committee. The voting patterns of both private and public committees may fail Duverger’s Law, but they both satisfy a weaker condition: Dissidents in private [resp. public] committees all vote decisions which better [resp. worse] serve organizational goals than the plurality decision; so single-peakedness implies that all dissents lie on one side of the plurality decision.

Suggested Citation

  • Daniel J. Seidmann, 2009. "A Theory of Voting Patterns and Performance in Private and Public Committees," Discussion Papers 2009-06, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
  • Handle: RePEc:not:notcdx:2009-06
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    7. Hans Gersbach & Volker Hahn, 2008. "Should the individual voting records of central bankers be published?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 30(4), pages 655-683, May.
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    9. Otmar Issing, 1999. "The Eurosystem: Transparent andAccountable or 'Willem in Euroland'," Journal of Common Market Studies, Wiley Blackwell, vol. 37(3), pages 503-519, September.
    10. Helge Berger & Volker Nitsc, 2011. "Too Many Cooks? Committees in Monetary Policy," Southern Economic Journal, Southern Economic Association, vol. 78(2), pages 452-475, October.
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    12. Blinder, Alan S & Morgan, John, 2005. "Are Two Heads Better than One? Monetary Policy by Committee," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 37(5), pages 789-811, October.
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    Cited by:

    1. Hahn, Volker, 2017. "Committee design with endogenous participation," Games and Economic Behavior, Elsevier, vol. 102(C), pages 388-408.
    2. repec:dau:papers:123456789/7717 is not listed on IDEAS
    3. Potrafke, Niklas, 2013. "Minority positions in the German Council of Economic Experts: A political economic analysis," European Journal of Political Economy, Elsevier, vol. 31(C), pages 180-187.
    4. Hahn, Volker, 2008. "Committees, sequential voting and transparency," Mathematical Social Sciences, Elsevier, vol. 56(3), pages 366-385, November.
    5. Gerling, Kerstin & Gruner, Hans Peter & Kiel, Alexandra & Schulte, Elisabeth, 2005. "Information acquisition and decision making in committees: A survey," European Journal of Political Economy, Elsevier, vol. 21(3), pages 563-597, September.
    6. repec:kap:pubcho:v:173:y:2017:i:1:d:10.1007_s11127-017-0470-8 is not listed on IDEAS
    7. Alessandro Riboni & Francisco J. Ruge-Murcia, 2008. "Preference Heterogeneity in Monetary Policy Committees," International Journal of Central Banking, International Journal of Central Banking, vol. 4(1), pages 213-233, March.
    8. Giovanni Maggi & Massimo Morelli, 2006. "Self-Enforcing Voting in International Organizations," American Economic Review, American Economic Association, vol. 96(4), pages 1137-1158, September.

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