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- W3144057665 abstract "Before a group can take a decision, its members must agree on a mechanism to aggregate individual preferences. In this paper we present the results of an experiment on the influence of private payoff information and the role of the available alternatives on individuals’ mechanism choices in such group choice situations. While efficient mechanisms are desirable, we experimentally show that participation constraints can prevent their implementation. We find strong indications that individual preferences for choice rules are sensitive to individual expected payoffs. Our results highlight the importance of considering participation constraints when designing choice institutions." @default.
- W3144057665 created "2021-04-13" @default.
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- W3144057665 date "2016-01-01" @default.
- W3144057665 modified "2023-09-26" @default.
- W3144057665 title "Flip a coin or vote: An Experiment on Choosing Group Decision Rules" @default.
- W3144057665 hasPublicationYear "2016" @default.
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