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On the merit of non-specialization in the context of majority voting

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  • Baharad, Eyal
  • Ben-Yashar, Ruth
  • Patal, Tal

Abstract

This study shows that independence between voters’ skills and states of nature improves the majority voting efficiency relative to the case when such independence does not exist. This implies that specialization (state of nature wise) is not advantageous under the simple majority rule.

Suggested Citation

  • Baharad, Eyal & Ben-Yashar, Ruth & Patal, Tal, 2020. "On the merit of non-specialization in the context of majority voting," Journal of Mathematical Economics, Elsevier, vol. 87(C), pages 128-133.
    • Handle: RePEc:eee:mateco:v:87:y:2020:i:c:p:128-133
    DOI: 10.1016/j.jmateco.2020.01.002
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    References listed on IDEAS

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    1. Sah, Raaj Kumar & Stiglitz, Joseph E, 1986. "The Architecture of Economic Systems: Hierarchies and Polyarchies," American Economic Review, American Economic Association, vol. 76(4), pages 716-727, September.
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    8. Bernard Grofman, 1975. "A comment on ‘democratic theory: A preliminary mathematical model.’," Public Choice, Springer, vol. 21(1), pages 99-103, March.
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