When ignorance is bliss: theory and experiment on collective learning
When do groups and societies choose to be uninformed? We study a commit-tee that needs to vote on a reform which will give every member a private state-dependent payoff. The committee can vote to learn the state at no cost. We show that the committee decides not to learn the state when preferences a...
- Autores:
-
Ginzburg, Boris
Guerra Forero, José Alberto
- Tipo de recurso:
- Work document
- Fecha de publicación:
- 2017
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/8687
- Acceso en línea:
- http://hdl.handle.net/1992/8687
- Palabra clave:
- Voting
Collective learning
Reform adoption
Information acquisition
Laboratory experiment
Cuerpos legislativos - Votación
Prácticas parlamentarias
Planificación política - Toma de decisiones
Teoría de los juegos
C72, C92, D71, D72, D83
- Rights
- openAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/