Get Rid of Unanimity Rule: The Superiority of Majority Rules with Veto Power
研究了不完全信息下的一致同意决策,发现具有否决权的多数规则比常用的一致同意规则更优,且在一类广泛情境中事前有效。
We study unanimous decision making under incomplete information. We argue that unanimous decision rules are not all equivalent. We show that majority rules with veto power are (i) Pareto superior to commonly used unanimous rules and (ii) ex ante efficient in a broad class of situations.