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The invalidity of the Condorcet Jury Theorem under endogenous decisional skills

Author

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  • Ruth Ben-Yashar
  • Shmuel Nitzan

Abstract

The current note clarifies that Condorcet Jury Theorem cannot be generalized to the extended setting where individual decisional skills are not assumed to be exogenous parameters even when these skills are homogeneous. This is true when skills are determined endogenously either by a central planner or, in a decentralized strategic setting, by the decision makers themselves. Copyright Springer-Verlag Berlin Heidelberg 2001

Suggested Citation

  • Ruth Ben-Yashar & Shmuel Nitzan, 2001. "The invalidity of the Condorcet Jury Theorem under endogenous decisional skills," Economics of Governance, Springer, vol. 2(3), pages 243-249, November.
    • Handle: RePEc:spr:ecogov:v:2:y:2001:i:3:p:243-249
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    Citations

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    Cited by:

    1. 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.
    2. Bryan C. McCannon, 2015. "Condorcet jury theorems," Chapters, in: Jac C. Heckelman & Nicholas R. Miller (ed.), Handbook of Social Choice and Voting, chapter 9, pages 140-160, Edward Elgar Publishing.
    3. Volker Hahn, 2012. "On the Optimal Size of Committees of Experts," Working Paper Series of the Department of Economics, University of Konstanz 2012-24, Department of Economics, University of Konstanz.
    4. Gerling, Kerstin & Gruner, Hans Peter & Kiel, Alexandra & Schulte, Elisabeth, 2005. "Information acquisition and decision making in committees: A survey," European Journal of Political Economy, Elsevier, vol. 21(3), pages 563-597, September.
    5. Takuya Sekiguchi, 2016. "Optimal group composition for efficient division of labor," Theory and Decision, Springer, vol. 81(4), pages 601-618, November.
    6. Takuya Sekiguchi, 2023. "Voting Records as Assessors of Premises Behind Collective Decisions," Group Decision and Negotiation, Springer, vol. 32(2), pages 257-275, April.
    7. Volker Hahn, 2017. "On the drawbacks of large committees," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(2), pages 563-582, May.

    More about this item

    Keywords

    Key words: Condorcet Jury Theorem; Investment in human capital; Endogenous skills; JEL classification: D71;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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