When collective ignorance is bliss: Theory and experiment on voting for learning
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DOI: 10.1016/j.jpubeco.2018.10.010
Abstract: Abstract When do groups and societies choose to be uninformed? We study a committee that needs to vote on a reform which will give every member a private state-dependent payoff. The committee can vote to… read more here.
Keywords: theory; experiment voting; bliss theory; ignorance bliss ... See more keywords