2017
DOI: 10.1016/j.geb.2017.03.003
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Voting in large committees with disesteem payoffs: A ‘state of the art’ model

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Cited by 18 publications
(9 citation statements)
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“…In Rothenhäusler et al (2018), voters choose between an ethical and an unethical option, and suffer moral costs if the unethical option is collectively chosen -thus, ethical motivations are instrumental rather than expressive. Several papers model imperfectly informed committee members who, if they vote against the alternative that turns out to be optimal, receive a negative payoff, either directly (Midjord et al, 2017), or via reputation (Visser and Swank, 2007).…”
Section: Related Literaturementioning
confidence: 99%
“…In Rothenhäusler et al (2018), voters choose between an ethical and an unethical option, and suffer moral costs if the unethical option is collectively chosen -thus, ethical motivations are instrumental rather than expressive. Several papers model imperfectly informed committee members who, if they vote against the alternative that turns out to be optimal, receive a negative payoff, either directly (Midjord et al, 2017), or via reputation (Visser and Swank, 2007).…”
Section: Related Literaturementioning
confidence: 99%
“…The payoff for a correct individual vote is not necessarily symmetric. The committee's decision may be more salient in one state of the world-for example, it has been suggested that regret for voting to convict an innocent defendant is higher than voting to let a guilty defendant free, Kaplan (1968), and in certain cases, the state of the world, say the quality of a pharmaceutical drug, is unlikely to be revealed if the committee votes not to approve the drug, Midjord et al (2017).…”
Section: Economic Interpretation Of Vote-contingent Payoffsmentioning
confidence: 99%
“…Anti-conformity/blame-guilt aversion: Conversely, agents may receive a payoff for voting against the majority. This may be due to anti-conformity motives (see references to social psychology in Callander (2008)) or because agents seek to avoid personal responsibility for an incorrect committee decision (Midjord et al 2017). This corresponds to increases in k α,b and k β,a and decreases in k α,a and k β,b .…”
Section: Economic Interpretation Of Vote-contingent Payoffsmentioning
confidence: 99%
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“…Anti-conformity/blame-guilt aversion: Conversely, agents may receive a payoff for voting against the majority. This may be due to anti-conformity motives (see references to social psychology in Callander (2008)) or because agents seek to avoid personal responsibility for an incorrect committee decision (Midjord et al 2017). This corresponds to increases in k α,b and k β,a and decreases in k α,a and k β,b .…”
Section: Economic Interpretation Of Vote-contingent Payoffsmentioning
confidence: 99%