The Condorcet Jury-Theorem with Two Independent Error-Probabilities
AbstractThe Condorcet jury-theorem is derived from the implicit assumption that jury members may only commit one type of error. In binary decision situations however, two error types may occur, the probability of which is independent of each other. Taking this into account leads to a generalization of the theorem. -- Das Condorcet-Jury-Theorem basiert auf der implizieten Annahme, daß die Jurymitglieder nur eine Art von Entscheidungsfehler begehen können. In den typischerweise untersuchten binären Entscheidungsproblemen gibt es jedoch zwei Entscheidungsfehler, die mit voneinander unabhängigen Wahrscheinlichkeiten auftreten können. Wird dies berücksichtigt, ergibt sich eine Generalisierung des Theorems.
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Date of creation: 2006
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Group decisions; judicial; imperfect decision-making;
Other versions of this item:
- Roland Kirstein, . "The Condorcet Jury-Theorem with Two Independent Error-Probabilities," German Working Papers in Law and Economics 2006-1-1154, Berkeley Electronic Press.
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
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