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

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  • Roger Congleton

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  • Roger Congleton, 2007. "Informational limits to democratic public policy: The jury theorem, yardstick competition, and ignorance," Public Choice, Springer, vol. 132(3), pages 333-352, September.
  • Handle: RePEc:kap:pubcho:v:132:y:2007:i:3:p:333-352 DOI: 10.1007/s11127-007-9155-z
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    References listed on IDEAS

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    1. Timothy Besley & Anne Case, 2003. "Political Institutions and Policy Choices: Evidence from the United States," Journal of Economic Literature, American Economic Association, pages 7-73.
    2. Levy, David M & Peart, Sandra, 2002. "Galton's Two Papers on Voting as Robust Estimation," Public Choice, Springer, vol. 113(3-4), pages 357-365, December.
    3. Torsten Persson & Gérard Roland & Guido Tabellini, 1997. "Separation of Powers and Political Accountability," The Quarterly Journal of Economics, Oxford University Press, vol. 112(4), pages 1163-1202.
    4. Matthias Benz & Alois Stutzer, 2004. "Are Voters Better Informed When They Have a Larger Say in Politics? -- Evidence for the European Union and Switzerland," Public Choice, Springer, vol. 119(1_2), pages 31-59, April.
    5. 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.
    6. Lohmann, Susanne, 1994. "Information Aggregation through Costly Political Action," American Economic Review, American Economic Association, vol. 84(3), pages 518-530, June.
    7. repec:cup:apsrev:v:92:y:1998:i:04:p:809-827_21 is not listed on IDEAS
    8. Fremling, Gertrud M & Lott, John R, Jr, 1996. "The Bias towards Zero in Aggregate Perceptions: An Explanation Based on Rationally Calculating Individuals," Economic Inquiry, Western Economic Association International, vol. 34(2), pages 276-295, April.
    9. Feddersen, Timothy J & Pesendorfer, Wolfgang, 1996. "The Swing Voter's Curse," American Economic Review, American Economic Association, pages 408-424.
    10. Salmon, Pierre, 1987. "Decentralisation as an Incentive Scheme," Oxford Review of Economic Policy, Oxford University Press, vol. 3(2), pages 24-43, Summer.
    11. Bruno S. Frey & Alois Stutzer, "undated". "Direct Democracy: Designing a Living Constitution," IEW - Working Papers 167, Institute for Empirical Research in Economics - University of Zurich.
    12. Congleton, Roger D., 1984. "Committees and rent-seeking effort," Journal of Public Economics, Elsevier, vol. 25(1-2), pages 197-209, November.
    13. repec:cup:apsrev:v:92:y:1998:i:02:p:413-418_21 is not listed on IDEAS
    14. Wit, Jorgen, 1998. "Rational Choice and the Condorcet Jury Theorem," Games and Economic Behavior, Elsevier, vol. 22(2), pages 364-376, February.
    15. George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, vol. 69, pages 213-213.
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    Citations

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    Cited by:

    1. Roland Kirstein, "undated". "The Condorcet Jury-Theorem with Two Independent Error-Probabilities," German Working Papers in Law and Economics 2006-1-1154, Berkeley Electronic Press.
    2. David Stadelmann & Reiner Eichenberger & Marco Portmann, 2011. "Parliaments as Condorcet Juries: Quasi-Experimental Evidence on the Representation of Majority Preferences," CREMA Working Paper Series 2011-14, Center for Research in Economics, Management and the Arts (CREMA).
    3. Congleton, Roger D., 2011. "Coping with unpleasant surprises in a complex world: Is rational choice possible in a world with positive information costs?," CIW Discussion Papers 6/2011, University of Münster, Center for Interdisciplinary Economics (CIW).
    4. Roger Congleton, 2012. "On the political economy and limits of crisis insurance: the case of the 2008–11 bailouts," Public Choice, Springer, vol. 150(3), pages 399-423, March.
    5. Roger D. Congleton, 2015. "On the Evolution of Organizational Governance: Divided Governance and Survival in the Long Run," Working Papers 15-25, Department of Economics, West Virginia University.
    6. Finken, Jan, 2009. "Yardstick competition in German municipalities," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 09-3, University of Cologne, FiFo Institute for Public Economics.
    7. Roger Congleton & Yongjing Zhang, 2013. "Is it all about competence? The human capital of U.S. presidents and economic performance," Constitutional Political Economy, Springer, vol. 24(2), pages 108-124, June.
    8. Christopher J Ellis & John Fender, 2010. "Information Aggregation, Growth and Franchise Extension with Applications to Female Enfranchisement and Inequality," Discussion Papers 10-27, Department of Economics, University of Birmingham.
    9. Bryan C. McCannon & Paul Walker, 2016. "Endogenous competence and a limit to the Condorcet Jury Theorem," Public Choice, Springer, vol. 169(1), pages 1-18, October.
    10. Dashle Kelley, 2014. "The political economy of unfunded public pension liabilities," Public Choice, Springer, vol. 158(1), pages 21-38, January.
    11. Roger D. Congleton, 2016. "Gordon Tullock’s implicit analytical history of government," Constitutional Political Economy, Springer, vol. 27(2), pages 179-193, June.
    12. Keith L. Dougherty & Robi Ragan, 2016. "An expected utility analysis of k-majority rules," Constitutional Political Economy, Springer, vol. 27(3), pages 332-353, September.
    13. Stadelmann, David & Portmann, Marco & Eichenberger, Reiner, 2014. "The law of large districts: How district magnitude affects the quality of political representation," European Journal of Political Economy, Elsevier, vol. 35(C), pages 128-140.

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