Monotonicity in Condorcet Jury Theorem
Consider a committee of experts dealing with dichotomous choice problem, where the correctness probabilities are all greater than [InlineMediaObject not available: see fulltext.] We prove that, if a random subcommittee of odd size m is selected randomly, and entrusted to make a decision by majority vote, its probability of deciding correctly increases with m. This includes a result of Ben-Yashar and Paroush (2000), who proved that a random subcommittee of size m≥3 is preferable to a random single expert. Copyright Springer-Verlag 2005
Volume (Year): 24 (2005)
Issue (Month): 1 (08)
|Contact details of provider:|| Web page: http://link.springer.de/link/service/journals/00355/index.htm|
|Order Information:||Web: http://link.springer.de/orders.htm|
When requesting a correction, please mention this item's handle: RePEc:spr:sochwe:v:24:y:2005:i:1:p:83-92. 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: (Guenther Eichhorn)or (Christopher F Baum)
If references are entirely missing, you can add them using this form.