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Article: Viewpoint: Decision-making in committees

TitleViewpoint: Decision-making in committees
Authors
Issue Date2009
PublisherBlackwell Publishing, Inc. The Journal's web site is located at http://www.blackwellpublishing.com/journals/CJE
Citation
Canadian Journal Of Economics, 2009, v. 42 n. 2, p. 359-392 How to Cite?
AbstractThis article reviews recent developments in the theory of committee decision-making. A committee consists of self-interested members who make a public decision by aggregating imperfect information dispersed among them according to a pre-specified decision rule. We focus on costly information acquisition, strategic information aggregation, and rules and processes that enhance the quality of the committee decision. Seeming inefficiencies of the committee decision-making process such as over-cautiousness, voting, and delay emerge as partial remedies to these incentive problems. © 2009 Canadian Economics Association.
Persistent Identifierhttp://hdl.handle.net/10722/60163
ISSN
2015 Impact Factor: 0.5
2015 SCImago Journal Rankings: 0.701
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorHao, Len_HK
dc.contributor.authorSuen, Wen_HK
dc.date.accessioned2010-05-31T04:05:03Z-
dc.date.available2010-05-31T04:05:03Z-
dc.date.issued2009en_HK
dc.identifier.citationCanadian Journal Of Economics, 2009, v. 42 n. 2, p. 359-392en_HK
dc.identifier.issn0008-4085en_HK
dc.identifier.urihttp://hdl.handle.net/10722/60163-
dc.description.abstractThis article reviews recent developments in the theory of committee decision-making. A committee consists of self-interested members who make a public decision by aggregating imperfect information dispersed among them according to a pre-specified decision rule. We focus on costly information acquisition, strategic information aggregation, and rules and processes that enhance the quality of the committee decision. Seeming inefficiencies of the committee decision-making process such as over-cautiousness, voting, and delay emerge as partial remedies to these incentive problems. © 2009 Canadian Economics Association.en_HK
dc.languageengen_HK
dc.publisherBlackwell Publishing, Inc. The Journal's web site is located at http://www.blackwellpublishing.com/journals/CJEen_HK
dc.relation.ispartofCanadian Journal of Economicsen_HK
dc.titleViewpoint: Decision-making in committeesen_HK
dc.typeArticleen_HK
dc.identifier.emailSuen, W: hrneswc@hkucc.hku.hken_HK
dc.identifier.authoritySuen, W=rp00066en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1111/j.1540-5982.2009.01512.xen_HK
dc.identifier.scopuseid_2-s2.0-64649093994en_HK
dc.identifier.hkuros156034en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-64649093994&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume42en_HK
dc.identifier.issue2en_HK
dc.identifier.spage359en_HK
dc.identifier.epage392en_HK
dc.identifier.isiWOS:000264822800001-
dc.publisher.placeUnited Statesen_HK
dc.identifier.scopusauthoridHao, L=25925867900en_HK
dc.identifier.scopusauthoridSuen, W=7006977946en_HK
dc.identifier.citeulike4273822-

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