Tie-Breaking Power in Committees
Alexander Wagner and
Georg Granic
VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association
Abstract:
We investigate the effects of voting power in a committee in which one member (the chairman) holds, on top of a regular vote, also the power to break ties. The chairman is able to induce her preferred outcome much more often than predicted by theory, but only partially because of exercising tie-breaking power directly. The advantage of the chairman is largely determined by the limited strategic sophistication of committee members.
JEL-codes: C91 C92 D71 D72 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-cdm, nep-cta, nep-exp and nep-mic
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168187
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