Epistemic Democracy With Defensible Premises
The contemporary theory of epistemic democracy often draws on the Condorcet Jury Theorem to formally justify the `wisdom of crowds'. But this theorem is inapplicable in its current form, since one of its premises -- voter independence -- is notoriously violated. This premise carries responsibility for the theorem's misleading conclusion that `large crowds are infallible'. We prove a more useful jury theorem: under defensible premises, `large crowds are fallible but better than small groups'. This theorem rehabilitates the importance of deliberation and education, which appear inessential in the classical jury framework. Our theorem is related to Ladha's (1993) seminal jury theorem for interchangeable (`indistinguishable') voters based on de Finetti's Theorem. We prove a more general and simpler version of such a theorem.
(This abstract was borrowed from another version of this item.)
Volume (Year): 29 (2013)
Issue (Month): 01 (March)
|Contact details of provider:|| Postal: |
Web page: http://journals.cambridge.org/jid_EAP
References listed on IDEAS
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.:
- Christian List & Franz Dietrich, 2002.
"A Model of Jury Decisions Where All Jurors Have The Same Evidence,"
Economics Series Working Papers
2002-W23, University of Oxford, Department of Economics.
- Franz Dietrich & Christian List, 2002. "A Model of Jury Decisions Where All Jurors Have the Same Evidence," Economics Papers 2002-W23, Economics Group, Nuffield College, University of Oxford.
- Christian List, 2005. "The probability of inconsistencies in complex collective decisions," Social Choice and Welfare, Springer, vol. 24(1), pages 3-32, 05.
- Serguei Kaniovski, 2010. "Aggregation of correlated votes and Condorcet’s Jury Theorem," Theory and Decision, Springer, vol. 69(3), pages 453-468, September.
- Lloyd Shapley & Bernard Grofman, 1984. "Optimizing group judgmental accuracy in the presence of interdependencies," Public Choice, Springer, vol. 43(3), pages 329-343, January.
- Ruth Ben-Yashar & Jacob Paroush, 2000. "A nonasymptotic Condorcet jury theorem," Social Choice and Welfare, Springer, vol. 17(2), pages 189-199.
When requesting a correction, please mention this item's handle: RePEc:cup:ecnphi:v:29:y:2013:i:01:p:87-120_00. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Keith Waters)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.