Information transmission and voting
Yingni Guo ()
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Yingni Guo: Northwestern University
Economic Theory, 2021, vol. 72, issue 3, No 8, 835-868
Abstract:
Abstract I analyze an individual’s incentive to disclose hard evidence in the context of committee voting. A committee consists of three members: one left-leaning, one right-leaning, and the third ex ante unbiased. They decide on whether to pursue a left or right policy by majority rule. One of them has private information about the merits of the policies and can privately send verifiable messages to the others. If the informed member is unbiased, he withholds information to neutralize the other two’s votes when preferences are sufficiently diverse. If the informed member is biased, then the others can better infer his information, knowing that any information favoring his agenda will be shared. In the latter case, because more information is effectively shared, higher social welfare results.
Keywords: Committee decision making; Voting; Verifiable disclosure (search for similar items in EconPapers)
JEL-codes: D71 D72 D83 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)
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DOI: 10.1007/s00199-019-01191-x
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