Optimal collective dichotomous choice under quota constraints
AbstractThis paper presents optimal collective dichotomous choices under quota constraints. We focus on committees that have to decide whether to accept or reject a set of projects under quota constraints. We provide a method for optimal ranking of projects which is suitable for solving this problem. The main result generalizes a number of earlier results in the subject. To outline the applicability of our method, we demonstrate its usage in the area of information filtering.
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Bibliographic InfoArticle provided by Springer in its journal Economic Theory.
Volume (Year): 19 (2002)
Issue (Month): 4 ()
Note: Received: February 14, 2000; revised version: January 19, 2001
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Find related papers by JEL classification:
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
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- Ben-Yashar, Ruth & Danziger, Leif, 2011.
"Symmetric and Asymmetric Committees,"
IZA Discussion Papers
5782, Institute for the Study of Labor (IZA).
- Ruth Ben-Yashar & Winston Koh & Shmuel Nitzan, 2009.
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- Ruth Ben-Yashar & Winston Koh & Shmuel Nitzan, 2012. "Is specialization desirable in committee decision making?," Theory and Decision, Springer, vol. 72(3), pages 341-357, March.
- Ruth Ben-Yashar & Shmuel Nitzan, 2014. "On the significance of the prior of a correct decision in committees," Theory and Decision, Springer, vol. 76(3), pages 317-327, March.
- Ruth Ben-Yashar & Igal Milchtaich, 2003. "First and Second Best Voting Rules in Committees," Working Papers 2003-08, Department of Economics, Bar-Ilan University.
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