Faithin Omaha eBook Collection

Download or read book Decision-Making in Committees written by Nicola Friederike Maaser and published by Springer Science & Business Media. This book was released on 2010-01-22 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political and economic institutions are typically governed by committees that face the challenge to reconcile the preferences of their members. How should decision rules be designed to generate fair and sustainable agreements, for example if committee members represent groups of different sizes? This book uses game-theoretic concepts and models to address the issue of political decision-making processes. In addition to providing a survey on basic game-theoretic tools in the analysis of political decisions, the author looks at specific issues such as two-tiered voting systems or the influence of lobbyists on legislative committees, and shows how the models can be applied to real-world contexts such as the EU decision-making institutions.