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Deliberation and the Wisdom of Crowds

Author

Listed:
  • Franz Dietrich

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, CNRS - Centre National de la Recherche Scientifique)

  • Kai Spiekermann

    (LSE - London School of Economics and Political Science)

Abstract

Does pre-voting group deliberation increase majority competence? To address this question, we develop a probabilistic model of opinion formation and deliberation. Two new jury theorems, one pre-deliberation and one post-deliberation, suggest that deliberation is bene…cial. Successful deliberation mitigates three voting failures: (1) overcounting widespread evidence, (2) neglecting evidential inequality, and (3) neglecting evidential complementarity. Simulations and theoretic arguments confirrm this. But there are five systematic exceptions where deliberation reduces majority competence, always by increasing failure (1). Our analysis recommends deliberation that is 'participatory', 'even', but possibly 'unequal', i.e., that involves substantive sharing, privileges no evidences, but possibly privileges some persons.

Suggested Citation

  • Franz Dietrich & Kai Spiekermann, 2022. "Deliberation and the Wisdom of Crowds," Post-Print halshs-03667931, HAL.
  • Handle: RePEc:hal:journl:halshs-03667931
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03667931v2
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    References listed on IDEAS

    as
    1. Ding, Huihui & Pivato, Marcus, 2021. "Deliberation and epistemic democracy," Journal of Economic Behavior & Organization, Elsevier, vol. 185(C), pages 138-167.
    2. Pivato, Marcus, 2017. "Epistemic democracy with correlated voters," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 51-69.
    3. Dietrich, F.K. & Spiekermann, K., 2010. "Epistemic democracy with defensible premises," Research Memorandum 066, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    4. Coughlan, Peter J., 2000. "In Defense of Unanimous Jury Verdicts: Mistrials, Communication, and Strategic Voting," American Political Science Review, Cambridge University Press, vol. 94(2), pages 375-393, June.
    5. Dryzek, John S. & List, Christian, 2003. "Social Choice Theory and Deliberative Democracy: A Reconciliation," British Journal of Political Science, Cambridge University Press, vol. 33(1), pages 1-28, January.
    6. Gerardi, Dino & Yariv, Leeat, 2007. "Deliberative voting," Journal of Economic Theory, Elsevier, vol. 134(1), pages 317-338, May.
    7. Scott E. Page, 2007. "Prologue to The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies," Introductory Chapters, in: The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies, Princeton University Press.
    8. Dietrich, Franz & Spiekermann, Kai, 2013. "Epistemic Democracy With Defensible Premises1," Economics and Philosophy, Cambridge University Press, vol. 29(1), pages 87-120, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    jury theorems; group deliberation; social choice theory; majority voting;
    All these keywords.

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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