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Risk aversion, over-confidence and private information as determinants of majority thresholds
Attanasi, Giuseppe; Georgantzis, Nikolaos; Corazzini, Luca; Passarelli, Francesco Wiley (2014)We present and experimentally test a theoretical model of majority threshold determina-tion as a function of voters’ risk preferences. The experimental results confirm the theoreticalprediction of a positive correlation ...