Document Detail


Information aggregation and communication in committees.
MedLine Citation:
PMID:  19073484     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
In this paper, we attempt to explain the underlying strategic incentives confronting individuals when they must make a collective decision over a set of alternatives and each has information that is decision-relevant for others. A significant literature has emerged in formal political theory over the past several years that focuses on such problems, paying particular attention, first, to the extent to which voting can be expected to aggregate committee members' information and, second, to the role of communication among committee members prior to voting. Inter alia, this literature reveals a surprisingly subtle interaction between the voting rules used to make decisions and the incentives for committee members to share information prior to voting.
Authors:
David Austen-Smith; Timothy J Feddersen
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Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Philosophical transactions of the Royal Society of London. Series B, Biological sciences     Volume:  364     ISSN:  1471-2970     ISO Abbreviation:  Philos. Trans. R. Soc. Lond., B, Biol. Sci.     Publication Date:  2009 Mar 
Date Detail:
Created Date:  2009-02-16     Completed Date:  2009-04-10     Revised Date:  2010-03-30    
Medline Journal Info:
Nlm Unique ID:  7503623     Medline TA:  Philos Trans R Soc Lond B Biol Sci     Country:  England    
Other Details:
Languages:  eng     Pagination:  763-9     Citation Subset:  IM    
Affiliation:
MEDS Department, Kellogg School of Management, Northwestern University, Evanston, IL 60208, USA. dasm@kellogg.northwestern.edu
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MeSH Terms
Descriptor/Qualifier:
Committee Membership
Decision Making / physiology*
Humans
Mental Processes / physiology*

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