Decision making in committees: Transparency, reputation, and voting rules

被引:103
|
作者
Levy, Gilat [1 ]
机构
[1] London Sch Econ, Dept Econ, London WC2A 2AE, England
来源
AMERICAN ECONOMIC REVIEW | 2007年 / 97卷 / 01期
关键词
D O I
10.1257/aer.97.1.150
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper I analyze the effect of transparency on decision making in committees. I focus on committees whose members are motivated by career concerns. The main result is that when the decision-making process is secretive (when individual votes are not revealed to the public), committee members comply with preexisting biases. For example, if the voting rule demands a supermajority to accept a reform, individuals vote more often against reforms. Transparent committees are therefore more likely to accept reforms. I also find that coupled with the right voting rule, a secretive procedure may induce better decisions than a transparent one.
引用
收藏
页码:150 / 168
页数:19
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