Zoekopdracht:
faculteit: "FEB" en publicatiejaar: "2011"
| Auteurs | G. Dari-Mattiacci, E.-S. Hendriks, M. Havinga | | Titel | A generalized jury theorem |
| Uitgever | Amsterdam Center for Law & Economics, University of Amsterdam |
| Plaats | Amsterdam |
| Jaar | 2011 |
| Pagina's | 22 |
| Serietitel | Amsterdam Center for Law & Economics working paper |
| Serienummer | 2011-12 |
| Faculteit | Faculteit Economie en Bedrijfskunde |
| Instituut/afd. | FEB: Amsterdam Business School Research Institute (ABS-RI) |
| Samenvatting | The literature on information-aggregation based on the Condorcet Jury Theorem focuses on binary choices. By applying well-known statistical methods to this issue, we develop a framework of analysis capable of dealing with a broader set of choices, including choices over a continuum. We obtain two main results.
First, we prove a Generalized Jury Theorem, including the Condorcet Jury Theorem as a special case. Second, we show that the Generalized Jury Theorem (rather than the Condorcet Jury Theorem) should be used to model the behavior of jurors, when jurors have a common goal and communicate before voting; the reason is that our framework allows for more efficient aggregation of information
than the traditional framework. Our findings are illustrated by means of concrete applications. |
| Opmerkingen | Also: Amsterdam Law School Legal Studies research paper no. 2011-39. - October 5, 2011 |
| Soort document | Rapport |
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