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image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Mathematical Social ...arrow_drop_down
image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
Mathematical Social Sciences
Article . 2009 . Peer-reviewed
License: Elsevier TDM
Data sources: Crossref
SSRN Electronic Journal
Article . 2006 . Peer-reviewed
Data sources: Crossref
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Committees and reciprocity

Authors: Volker Hahn; Felix Mühe;

Committees and reciprocity

Abstract

In this paper we examine the impact of reciprocal motives on decision-making in a committee. We show that any voting behavior that constitutes an equilibrium without reciprocity also represents an equilibrium when people are reciprocally motivated. If reciprocal motives are important, additional equilibria may exist. All of them involve lower material payoffs and lower overall utility for a large majority of members compared to the equilibria where the voting behavior of Nash equilibria is chosen. We discuss mechanisms, for example incentive contracts, that may eliminate the negative effects of reciprocity. Moreover, in a dynamic framework we show that psychological log-rolling equilibria may exist, where some agents perceive others as friendly and therefore accept projects that are detrimental to themselves but beneficial to others.

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
2
Average
Average
Average
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