The Politics of Compromise
研究了组织在成员利益冲突时如何设计项目选择规则,发现偏向后期提案的规则能改善事后最优选择导致的低效极化,为标准化组织流程设计提供参考。
An organization must select among competing projects that differ in their payoff consequences for its members. Each agent chooses a project and exerts effort affecting its completion time. When one or more projects are complete, the agents select which one to adopt. The selection rule for multiple projects that maximizes ex post welfare leads to inefficiently high polarization; rules that favor later proposals improve upon ex post optimal selections. The optimal degree of favoritism increases in the cost of effort and discount rate. This trade-off informs the design of process rules in standard-setting organizations and helps explain their performance.