Citation

Discussion Paper Details

Please find the details for DP11087 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: Unanimous Rules in the Laboratory

Author(s): Laurent Bouton, Aniol Llorente-Saguer and Frédéric Malherbe

Publication Date: January 2016

Keyword(s): constructive abstention, framing, information aggregation, laboratory experiments, unanimity rule and veto power

Programme Area(s): Public Economics

Abstract: We study the information aggregation properties of unanimous voting rules in the laboratory. In line with theoretical predictions, we find that majority rule with veto power dominates unanimity rule. We also find that the strategic voting model is a fairly good predictor of observed subject behavior. There are, however, cases where organizing the data seems to require a mix of strategic and sincere voting. This pattern of behavior would imply that the way majority rule with veto power is framed may significantly affect the outcome of the vote. Our data strongly supports such an hypothesis.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=11087

Bibliographic Reference

Bouton, L, Llorente-Saguer, A and Malherbe, F. 2016. 'Unanimous Rules in the Laboratory'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=11087