Committee design with endogenous participation

B-Tier
Journal: Games and Economic Behavior
Year: 2017
Volume: 102
Issue: C
Pages: 388-408

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

We analyze different committee designs in a model with the endogenous participation of experts who have private information about their own abilities. Each committee design involves a test of abilities whose accuracy influences experts' decisions to participate. We derive the following findings. First, higher wages continuously lower the quality of experts on the committee. Second, and as a consequence of this, optimal committees involve low wages. Third, an increase in transparency improves the quality of experts on the committee. Fourth, larger committees attract less able experts than smaller ones, unless the committee operates under full transparency.

Technical Details

RePEc Handle
repec:eee:gamebe:v:102:y:2017:i:c:p:388-408
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25