Arbeitspapier

On Two-Period Committee Voting: Why Straw Polls Should Have Consequences

We consider a committee voting setup with two rounds of voting where committee members, who possess private information about the state of the world, have to make a binary decision. We investigate incentives for truthful revelation of their information in the first voting period. Coughlan (2000) shows that members reveal their information in a straw poll only if their preferences are in fact homogeneous. By taking costs of time into account, we demonstrate that committees have strictly higher incentives to reveal information if a decision can be made for high levels of consensus in the straw poll already. In such scenarios, members of all homogeneous and some heterogeneous juries are strictly better off when the requirement for early decisions is chosen carefully.

Sprache
Englisch

Erschienen in
Series: Bonn Econ Discussion Papers ; No. 04/2015

Klassifikation
Wirtschaft
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Asymmetric and Private Information; Mechanism Design
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Thema
Communication
Committees
Voting

Ereignis
Geistige Schöpfung
(wer)
Frommeyer, Tim Julius
Ereignis
Veröffentlichung
(wer)
University of Bonn, Bonn Graduate School of Economics (BGSE)
(wo)
Bonn
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Frommeyer, Tim Julius
  • University of Bonn, Bonn Graduate School of Economics (BGSE)

Entstanden

  • 2015

Ähnliche Objekte (12)