Incentivizing Information Exchange Within Groups: The Role of Voting Protocols in U.S. Food and Drug Administration Advisory Committees

Complex and important decisions are often made with advice from a committee of experts. But how do a committee’s “rules of engagement” affect the way individuals discuss, how they vote, and ultimately the quality of their collective recommendation? Compiling verbatim transcripts from U.S. Food and Drug Administration advisory committee meetings, we study how a 2007 switch from sequential to simultaneous voting procedures changed discussions, information exchange, and decision making. Consistent with past findings, we show that, compared with a sequential voting protocol, simultaneous voting led to a reduction in the likelihood of unanimous votes. Importantly, we show novel evidence that the majority of this reduction in unanimity was mediated by changes in discussion patterns—specifically, by the increased diversity of information surfaced during discussions. We also find evidence of behavioral and linguistic changes that support our theory that voting protocols changed the incentives for members to elicit more diverse information from each other: under simultaneous voting, members exhibited greater equality in talking time, directed a greater proportion of questions to each other, and adopted language that was more positive, authentic, and equal in projecting status and confidence. Finally, we show that recommendations under simultaneous voting were more likely to be accurate, as drugs recommended and approved were less likely to encounter safety-related postmarket events. In sum, voting protocols affect the incentives for individuals to engage in robust discussions, leading to marked improvements in how information is exchanged between individuals, and in the process by which groups of experts arrive at joint recommendations. This paper was accepted by Sridhar Tayur, entrepreneurship and innovation. Supplemental Material: The online appendix and data files are available at https://doi.org/10.1287/mnsc.2023.03649 .

• 저널Management Science
• 토픽Experimental Behavioral Economics Studies · Safety Research
• DOI10.1287/mnsc.2023.03649
• 저자Panos Markou, Tian Heong Chan