000			02871cam a22004697a 4500
001			w30794
003			NBER
005			20230116102903.0
006			m o d
007			cr cnu||||||||
008			230116s2022 mau fo 000 0 eng d
040			_aMaCbNBER _beng _cMaCbNBER
100	1		_aCampbell, Joseph.
245	1	0	_aLiquid Democracy. Two Experiments on Delegation in Voting / _cJoseph Campbell, Alessandra Casella, Lucas de Lara, Victoria R. Mooers, Dilip Ravindran.
260			_aCambridge, Mass. _bNational Bureau of Economic Research _c2022.
300			_a1 online resource: _billustrations (black and white);
490	1		_aNBER working paper series _vno. w30794
500			_aDecember 2022.
520	3		_aUnder Liquid Democracy (LD), decisions are taken by referendum, but voters are allowed to delegate their votes to other voters. Theory shows that in common interest problems where experts are correctly identified, the outcome can be superior to simple majority voting. However, even when experts are correctly identified, delegation must be used sparely because it reduces the variety of independent information sources. We report the results of two experiments, each studying two treatments: in one treatment, participants have the option of delegating to better informed individuals; in the second, participants can choose to abstain. The first experiment follows a tightly controlled design planned for the lab; the second is a perceptual task run online where information about signals' precision is ambiguous. The two designs are very different, but the experiments reach the same result: in both, delegation rates are unexpectedly high and higher than abstention rates, and LD underperforms relative to both universal voting and abstention.
530			_aHardcopy version available to institutional subscribers
538			_aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538			_aMode of access: World Wide Web.
588	0		_aPrint version record
690		7	_aLaboratory, Group Behavior _2jelc
650		7	_aLaboratory, Group Behavior _2jelc
084			_aC92 _2jelc
690		7	_aAnalysis of Collective Decision-Making _2jelc
650		7	_aAnalysis of Collective Decision-Making _2jelc
084			_aD7 _2jelc
690		7	_aInformation, Knowledge, and Uncertainty _2jelc
650		7	_aInformation, Knowledge, and Uncertainty _2jelc
084			_aD8 _2jelc
700	1		_aCasella, Alessandra. _97530
700	1		_ade Lara, Lucas.
700	1		_aMooers, Victoria R.
700	1		_aRavindran, Dilip.
710	2		_aNational Bureau of Economic Research.
830		0	_aWorking Paper Series (National Bureau of Economic Research) _vno. w30794.
856	4	0	_uhttps://www.nber.org/papers/w30794
856			_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w30794
942			_2ddc _cW-PAPER
999			_c390493 _d349055