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Informational limits to democratic public policy: The jury theorem, yardstick competition, and ignorance

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Author Info
Roger Congleton ()

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File URL: http://hdl.handle.net/10.1007/s11127-007-9155-z
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Publisher Info
Article provided by Springer in its journal Public Choice.

Volume (Year): 132 (2007)
Issue (Month): 3 (September)
Pages: 333-352
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:pubcho:v:132:y:2007:i:3:p:333-352

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Related research
Keywords: Jury theorem; Rational ignorance; Elections; Delegation; Expert’s dilemma; Information aggregation; Yardstick competition; Informational policies; Liberal institutions; Effectiveness of democracy; Majority rule; Simulated elections;

References listed on IDEAS
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  1. Persson, Torsten & Roland, Gerard & Tabellini, Guido, 1997. "Separation of Powers and Political Accountability," The Quarterly Journal of Economics, MIT Press, vol. 112(4), pages 1163-1202, November.
    Other versions:
  2. Timothy Besley & Anne Case, 2003. "Political Institutions and Policy Choices: Evidence from the United States," Journal of Economic Literature, American Economic Association, vol. 41(1), pages 7-73, March.
    Other versions:
  3. Dhammika Dharmapala & Richard H. McAdams, 2003. "The Condorcet Jury Theorem and the Expressive Function of Law: A Theory of Informative Law," American Law and Economics Review, Oxford University Press, vol. 5(1), pages 1-31.
  4. Wit, Jorgen, 1998. "Rational Choice and the Condorcet Jury Theorem," Games and Economic Behavior, Elsevier, vol. 22(2), pages 364-376, February. [Downloadable!] (restricted)
  5. Congleton, Roger D., 1984. "Committees and rent-seeking effort," Journal of Public Economics, Elsevier, vol. 25(1-2), pages 197-209, November. [Downloadable!] (restricted)
  6. Lohmann, Susanne, 1994. "Information Aggregation through Costly Political Action," American Economic Review, American Economic Association, vol. 84(3), pages 518-30, June. [Downloadable!] (restricted)
  7. Feddersen, Timothy J & Pesendorfer, Wolfgang, 1996. "The Swing Voter's Curse," American Economic Review, American Economic Association, vol. 86(3), pages 408-24, June.
    Other versions:
    • Timothy J. Feddersen & Wolfgang Pesendorfer, 1995. "The Swing Voter's Curse," Discussion Papers 1064, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
  8. Bruno S. Frey & Alois Stutzer, . "Direct Democracy: Designing a Living Constitution," IEW - Working Papers iewwp167, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  9. George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, vol. 69, pages 213. [Downloadable!] (restricted)
  10. Matthias Benz & Alois Stutzer:, . "Are Voters Better Informed When They Have a Larger Say in Politics? Evidence for the European Union and Switzerland," IEW - Working Papers iewwp119, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  11. SALMON, Pierre, 1987. "Decentralization as an incentive scheme," Institut des Mathématiques Economiques – Document de travail de l’I.M.E. (1974-1993) 98, Institut des Mathématiques Economiques. LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS, Université de Bourgogne.
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Roland Kirstein, . "The Condorcet Jury-Theorem with Two Independent Error-Probabilities," German Working Papers in Law and Economics 2006-1-1154, Berkeley Electronic Press. [Downloadable!]
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