IDEAS home Printed from https://ideas.repec.org/a/ebl/ecbull/eb-19-00343.html
   My bibliography  Save this article

Monotonicity in Condorcet Jury Theorem under Strategic Voting

Author

Listed:
  • Naruto Nagaoka

    (Kobe Gakuin University)

Abstract

The Condorcet jury theorem states that if members' voting probabilities for the better alternative are identical and independent among members, and larger than 1/2, then the probability that a committee under simple majority voting chooses the better alternative is monotonically increasing in the committee size. This implies that the committee under simple majority voting decides more efficiently than single-person decision-making. This superiority of group decision-making under strategic voting for the binary signal model has already been demonstrated. We generalize this result and prove that the monotonicity property in the Condorcet jury theorem holds in the symmetric efficient equilibrium.

Suggested Citation

  • Naruto Nagaoka, 2019. "Monotonicity in Condorcet Jury Theorem under Strategic Voting," Economics Bulletin, AccessEcon, vol. 39(4), pages 2688-2696.
  • Handle: RePEc:ebl:ecbull:eb-19-00343
    as

    Download full text from publisher

    File URL: http://www.accessecon.com/Pubs/EB/2019/Volume39/EB-19-V39-I4-P250.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Eddie Dekel & Michele Piccione, 2000. "Sequential Voting Procedures in Symmetric Binary Elections," Journal of Political Economy, University of Chicago Press, vol. 108(1), pages 34-55, February.
    2. Drora Karotkin & Jacob Paroush, 2003. "Optimum committee size: Quality-versus-quantity dilemma," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 20(3), pages 429-441, June.
    3. Jac C. Heckelman & Nicholas R. Miller (ed.), 2015. "Handbook of Social Choice and Voting," Books, Edward Elgar Publishing, number 15584.
    4. McLennan, Andrew, 1998. "Consequences of the Condorcet Jury Theorem for Beneficial Information Aggregation by Rational Agents," American Political Science Review, Cambridge University Press, vol. 92(2), pages 413-418, June.
    5. Wit, Jorgen, 1998. "Rational Choice and the Condorcet Jury Theorem," Games and Economic Behavior, Elsevier, vol. 22(2), pages 364-376, February.
    6. Nicola Persico, 2004. "Committee Design with Endogenous Information," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(1), pages 165-191.
    7. Kawamura, Kohei & Vlaseros, Vasileios, 2017. "Expert information and majority decisions," Journal of Public Economics, Elsevier, vol. 147(C), pages 77-88.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ruth Ben-Yashar, 2006. "Information is important to Condorcet jurors," Public Choice, Springer, vol. 127(3), pages 305-319, June.
    2. Liu, Shuo, 2019. "Voting with public information," Games and Economic Behavior, Elsevier, vol. 113(C), pages 694-719.
    3. Kohei Kawamura & Vasileios Vlaseros, 2015. "Expert Information and Majority Decisions," Edinburgh School of Economics Discussion Paper Series 261, Edinburgh School of Economics, University of Edinburgh.
    4. Ruth Ben-Yashar & Igal Milchtaich, 2003. "First and Second Best Voting Rules in Committees," Working Papers 2003-08, Bar-Ilan University, Department of Economics.
    5. Gershkov, Alex & Szentes, Balázs, 2009. "Optimal voting schemes with costly information acquisition," Journal of Economic Theory, Elsevier, vol. 144(1), pages 36-68, January.
    6. Laslier, Jean-François & Weibull, Jörgen, 2008. "Commitee decisions: optimality and equilibrium," SSE/EFI Working Paper Series in Economics and Finance 692, Stockholm School of Economics, revised 11 Mar 2008.
    7. Bar-Isaac, Heski & Shapiro, Joel, 2020. "Blockholder voting," Journal of Financial Economics, Elsevier, vol. 136(3), pages 695-717.
    8. Alexander Lundberg, 2020. "The importance of expertise in group decisions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 55(3), pages 495-521, October.
    9. Kawamura, Kohei & Vlaseros, Vasileios, 2017. "Expert information and majority decisions," Journal of Public Economics, Elsevier, vol. 147(C), pages 77-88.
    10. Sourav Bhattacharya, 2006. "Preference Monotonicity and Information Aggregation in Elections," Working Paper 325, Department of Economics, University of Pittsburgh, revised Dec 2008.
    11. Sourav Bhattacharya, 2013. "Condorcet Jury Theorem in a Spatial Model of Elections," Working Paper 517, Department of Economics, University of Pittsburgh, revised Nov 2013.
    12. de Clippel, Geoffroy & Eliaz, Kfir, 2015. "Premise-based versus outcome-based information aggregation," Games and Economic Behavior, Elsevier, vol. 89(C), pages 34-42.
    13. Patrick Hummel, 2012. "Deliberation in large juries with diverse preferences," Public Choice, Springer, vol. 150(3), pages 595-608, March.
    14. Paolo Balduzzi & Clara Graziano & Annalisa Luporini, 2014. "Voting in small committees," Journal of Economics, Springer, vol. 111(1), pages 69-95, February.
    15. Sayantan Ghosal & Ben Lockwood, 2009. "Costly voting when both information and preferences differ: is turnout too high or too low?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 33(1), pages 25-50, June.
    16. Bezalel Peleg & Shmuel Zamir, 2012. "Extending the Condorcet Jury Theorem to a general dependent jury," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 39(1), pages 91-125, June.
    17. Kohei Kawamura & Vasileios Vlaseros, 2013. "Expert Information and Majority Decisions," Edinburgh School of Economics Discussion Paper Series 220, Edinburgh School of Economics, University of Edinburgh.
    18. Chernomaz, K. & Goertz, J.M.M., 2023. "(A)symmetric equilibria and adaptive learning dynamics in small-committee voting," Journal of Economic Dynamics and Control, Elsevier, vol. 147(C).
    19. Igerseim, Herrade & Baujard, Antoinette & Laslier, Jean-François, 2016. "La question du vote. Expérimentations en laboratoire et In Situ," L'Actualité Economique, Société Canadienne de Science Economique, vol. 92(1-2), pages 151-189, Mars-Juin.
    20. Pivato, Marcus, 2017. "Epistemic democracy with correlated voters," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 51-69.

    More about this item

    Keywords

    Condorcet jury theorem; decision-making in committees; strategic voting;
    All these keywords.

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-19-00343. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: John P. Conley (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.