Deliberation, Leadership and Information Aggregation
Javier Rivas and
Carmelo Rodriguez-Alvarez ()
No 12/16, Discussion Papers in Economics from Division of Economics, School of Business, University of Leicester
Abstract:
We analyze committees of voters who take a decision between two options as a two stage process. In a discussion stage, voters share non verifiable information about a private signal concerning what is the best option. In a voting stage, votes are cast and one of the options is implemented. We introduce the possibility of leadership whereby a certain voter, the leader, is more influential than the rest at the discussion stage even though she is not better informed. We study information transmission and find, amongst others, a non-monotonic relation between how influential the leader is and how truthful voters are at discussion stage.
Date: 2012-09
New Economics Papers: this item is included in nep-bec, nep-cdm, nep-cta and nep-mic
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Journal Article: Deliberation, Leadership and Information Aggregation (2017) 
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