Committees with leaks


Autoria(s): Ghosh, Saptarshi P.; Roy, Jaideep
Data(s)

01/03/2015

Resumo

We analyze the quality (informativeness and efficiency) of advice obtained from a committee of careerist experts where voting is secret but voting profiles are ‘leaked’ with an exogenously given probability. We show that fully informative voting is achievable only when the common prior is not too informative, the committee uses the unanimity rule and faces random leakage. It is then shown that informativeness and efficiency are mutually exclusive properties of committees with careerist experts.

Identificador

http://hdl.handle.net/10536/DRO/DU:30078442

Idioma(s)

eng

Publicador

Elsevier

Relação

http://dro.deakin.edu.au/eserv/DU:30078442/ghosh-committeeswith-2015.pdf

http://www.dx.doi.org/10.1016/j.geb.2015.02.012

http://www.sciencedirect.com/science/article/pii/S0899825615000354

Direitos

2015, Elsevier

Palavras-Chave #Leakage #Career Concerns #Informative voting #Welfare
Tipo

Journal Article