Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062015 | Economics Letters | 2008 | 4 Pages |
Abstract
We analyze an election with costly information acquisition. We compare the outcome of a large election and that of a delegation. We show that the superiority between the two mechanisms is determined by the shape of the marginal cost function.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Minoru Kitahara, Yohei Sekiguchi,