ICES Brown Bag for December 6

News, Seminars | November 29, 2018

Join us for the ICES Brown Bag Lecture of the Fall 2018 semester, featuring Thomas Stratmann.

Dr. Stratmann, of George Mason University, will discuss his paper Moral Cost in Weighted Committee Decisions (Abstract). The talk will take place on Thursday, December 6th, from 12:00 to 1:00pm, in room 5075 of the Vernon Smith Hall (formerly Metropolitan Building), Arlington campus.

Coffee and dessert will be provided.

Please visit the Brown Bag Schedule to learn more about the Brown Bag series.

Abstract

We develop a theoretical model about voting behavior in committees. The model predicts that the distribution of decision-making power affects committee members’ incentives to make immoral vote choices. When committee members can financially benefit from an immoral choice, less influential agents free-ride more often. We then present results of a laboratory experiment that tests these predictions. The experiment studies committee members’ voting behavior and their collective choices under different distributions of decision-making power. As predicted, we find that the frequency of immoral decisions is positively related to agents’ voting power.

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