Learning aversion and voting rules in collective decision making

C-Tier
Journal: Economics Letters
Year: 2015
Volume: 133
Issue: C
Pages: 24-26

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In collective decisions with uncertainty some voters may oppose the arrival of new information. This note formalizes a justification for supermajority as a voting rule in such environments. This is optimal when arrival of information is responsive to voters’ learning aversion, and conservative minorities have some power to block information.

Technical Details

RePEc Handle
repec:eee:ecolet:v:133:y:2015:i:c:p:24-26
Journal Field
General
Author Count
1
Added to Database
2026-01-25