Konferenzbeitrag
Preference Intensities in Repeated Collective Decision-Making
We study decision rules for committees that repeatedly take a binary decision. Committee members are privately informed about their payoffs and monetary transfers are not feasible. In static environments, the only strategy-proof mechanisms are voting rules which are criticized for being inefficient as they do not condition on preference intensities. The dynamic structure of repeated decision-making allows for richer decision rules that overcome this inefficiency by making use of information on preference intensities. Nonetheless, we show that often simple voting is optimal for two-person committees. This holds for many prior type distributions and irrespective of the agents' patience.
- Sprache
-
Englisch
- Erschienen in
-
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2013: Wettbewerbspolitik und Regulierung in einer globalen Wirtschaftsordnung - Session: Collective Decisions and Aggregation ; No. B12-V1
- Klassifikation
-
Wirtschaft
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Asymmetric and Private Information; Mechanism Design
Optimization Techniques; Programming Models; Dynamic Analysis
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Drexl, Moritz
Kleiner, Andreas
- Ereignis
-
Veröffentlichung
- (wer)
-
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (wo)
-
Kiel und Hamburg
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 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.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Konferenzbeitrag
Beteiligte
- Drexl, Moritz
- Kleiner, Andreas
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Entstanden
- 2013
Ähnliche Objekte (12)
Essays in Collective Decision-Making
Preference Formation, Preference Change and collective behavior an experimental study
Getting specific: participation preference in urooncological decision-making
Preference Communication and Leadership in Group Decision-Making
Effects of a discussion partner’s reaction on the subsequent preference-consistent information processing during collective decision-making
Decision-making algorithms : collective, social, and individual learning
Institutional entrepreneurs: decision-making, networking and collective leadership
Transition Intensities from Unemployment
Collective cognition and decision-making in humans and fish
Collective Decision-Making with Bayesian Robots in Dynamic Environments
The Neglected Pieces of Designing Collective Decision-Making Processes
Shared decision-making drives collective movement in wild baboons
Essays in Collective Decision-Making
Preference Formation, Preference Change and collective behavior an experimental study
Getting specific: participation preference in urooncological decision-making
Preference Communication and Leadership in Group Decision-Making
Effects of a discussion partner’s reaction on the subsequent preference-consistent information processing during collective decision-making
Decision-making algorithms : collective, social, and individual learning
Institutional entrepreneurs: decision-making, networking and collective leadership
Transition Intensities from Unemployment
Collective cognition and decision-making in humans and fish
Collective Decision-Making with Bayesian Robots in Dynamic Environments
The Neglected Pieces of Designing Collective Decision-Making Processes
Shared decision-making drives collective movement in wild baboons
Essays in Collective Decision-Making
Preference Formation, Preference Change and collective behavior an experimental study
Getting specific: participation preference in urooncological decision-making
Preference Communication and Leadership in Group Decision-Making
Effects of a discussion partner’s reaction on the subsequent preference-consistent information processing during collective decision-making
Decision-making algorithms : collective, social, and individual learning
Institutional entrepreneurs: decision-making, networking and collective leadership
Transition Intensities from Unemployment
Collective cognition and decision-making in humans and fish
Collective Decision-Making with Bayesian Robots in Dynamic Environments
The Neglected Pieces of Designing Collective Decision-Making Processes