时间：2014年11月25日（周二）10:30-12:00

地点：北京大学国家发展研究院/中国经济研究中心512会议室

主持：余淼杰

主讲：Jimmy Chan , Fudan University

 

主题：Deliberating Sequential Decisions

 

摘要：We study a model of collective decision-making and learning in which agents differ in their preferences toward which alternative to adopt and how quickly to act. Impatient agents are attractive allies if some agents want to stop learning to adopt their favored alternative. Competition for impatient agents' votes can produce hasty decisions through strategic complementarity. Majority rule is not robust in that one very impatient agent can cause the whole group to rush to a decision. Super-majority rule may avoid this problem, but may allow a minority with extreme preferences to hold out and impose their favored alternative on the majority.