Meetings with Costly Participation

S-Tier
Journal: American Economic Review
Year: 2000
Volume: 90
Issue: 4
Pages: 927-943

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

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

Abstract

We study a collective decision-making process in which people interested in an issue may participate, at a cost, in a meeting, and the resulting decision is a compromise among the participants' preferences. We show that the equilibrium number of participants is small and their positions are extreme, and when the compromise is the median, the outcome is likely to be random. The model and its equilibria are consistent with evidence on the procedures and outcomes of U.S. regulatory hearings.

Technical Details

RePEc Handle
repec:aea:aecrev:v:90:y:2000:i:4:p:927-943
Journal Field
General
Author Count
3
Added to Database
2026-01-26