Unanimous rules in the laboratory

B-Tier
Journal: Games and Economic Behavior
Year: 2017
Volume: 102
Issue: C
Pages: 179-198

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

We study the information aggregation properties of unanimous voting rules in the laboratory. In line with theoretical predictions, we find that majority rule with veto power dominates unanimity rule. We also find that the strategic voting model is a fairly good predictor of subject behavior. Finally, we exploit a framing effect to study how the presence of less sophisticated agents affects Veto's welfare properties.

Technical Details

RePEc Handle
repec:eee:gamebe:v:102:y:2017:i:c:p:179-198
Journal Field
Theory
Author Count
3
Added to Database
2026-01-24