The analysis is concerned with the characterization of equilibria of a two-stage voting game involving private information acquisition. Rational ignorance and information efficiency are identified. It turns out that information efficiency is not always desirable. By restricting the payoff domain, we
โฆ LIBER โฆ
Allocation of information by majority decisions
โ Scribed by Hans Gersbach
- Book ID
- 113213166
- Publisher
- Elsevier Science
- Year
- 1992
- Tongue
- English
- Weight
- 510 KB
- Volume
- 48
- Category
- Article
- ISSN
- 0047-2727
No coin nor oath required. For personal study only.
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