Information acquisition and decision making in committees: a survey
Saved in:
| Format: | Book |
|---|---|
| Language: | English |
| Published: |
Frankfurt am Main
European Central Bank
2003
|
| Series: | Working paper series / European Central Bank
256 |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | 54 S. |
Staff View
MARC
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Record in the Search Index
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| adam_text |
CONTENTS
ABSTRACT
4
NON-TECHNICAL
SUMMARY
5
I
INTRODUCTION
7
2
STRATEGIC
VOTING
VERSUS
NAIVE
VOTING
8
2.1
SINCERE
VOTING
9
2.2
ABSTENTION
10
2.3
UNANIMITY
I
I
3
INCENTIVES
FOR
INFORMATION
ACQUISITION
13
3.1
LARGE
COMMITTEES
13
3.2
THE
CASE
FOR
SMALL
COMMITTEES
15
3.3
RELATION
TO
THE
DELEGATING
AUTHORITY
18
4
CONFLICTING
INTERESTS
19
4.1
CARING
DIFFERENTLY
ABOUT
MISTAKES
19
4.2
BINARY
DECISIONS
AND
CONTINUOUS
INFORMATION
21
4.3
COMMITTEE
SIZE
WITH
CONFLICTING
PREFERENCES
23
4.4
DECISION
RULES
WITH
INTERDEPENDENT
PREFERENCES
26
5
COMMUNICATION
28
5.1
IRRELEVANCE
OF
VOTING
RULES
29
5.2
IMPERFECT
AGGREGATION
AND
INCENTIVES
30
5.3
COMMUNICATION
AND
CONFLICTING
INTERESTS
31
6
DECISION
SKILLS
32
7
EXPERIMENTAL
RESULTS
33
8
SUMMARY
OF
THEORETICAL
RESULTS
35
8.1
HOW
LARGE
SHOULD
A
COMMITTEE
BE?
36
8.2
WHO
SHOULD
BE
IN
A
COMMITTEE?
38
8.3
WHAT
IS
THE
OPTIMAL
DECISION
RULE?
39
9
IMPLICATIONS
FOR
MONETARY
POLICY
COMMITTEES
40
9.1
WHY
MONETARY
POLICY
COMMITTEES?
41
9.2
THE
OPTIMAL
SIZE
OF
A
COMMITTEE
43
9.3
THE
VOTING
RULE
44
9.4
WHO
SHOULD
BE
IN
A
COMMITTEE?
46
9.5
RELATION
TO
THE
OUTSIDE
46
REFERENCES
47
EUROPEAN
CENTRAL
BANK
WORKING
PAPER
SERIES
5
1 |
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| illustrated | Not Illustrated |
| indexdate | 2024-08-19T00:07:07Z |
| institution | BVB |
| language | English |
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| physical | 54 S. |
| publishDate | 2003 |
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| spelling | Information acquisition and decision making in committees a survey by Kerstin Gerling ... Frankfurt am Main European Central Bank 2003 54 S. txt rdacontent n rdamedia nc rdacarrier Working paper series / European Central Bank 256 Gerling, Kerstin Sonstige oth European Central Bank Working paper series 256 (DE-604)BV012681744 256 DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010606850&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Information acquisition and decision making in committees a survey |
| title | Information acquisition and decision making in committees a survey |
| title_auth | Information acquisition and decision making in committees a survey |
| title_exact_search | Information acquisition and decision making in committees a survey |
| title_full | Information acquisition and decision making in committees a survey by Kerstin Gerling ... |
| title_fullStr | Information acquisition and decision making in committees a survey by Kerstin Gerling ... |
| title_full_unstemmed | Information acquisition and decision making in committees a survey by Kerstin Gerling ... |
| title_short | Information acquisition and decision making in committees |
| title_sort | information acquisition and decision making in committees a survey |
| title_sub | a survey |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010606850&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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