The Condorcet Jur(ies) Theorem
Should two issues be decided jointly by a single committee or in separately by different committees? Similarly, should two defendants be tried together in a joint trial or tried separately in severed trials? Multiplicity of issues or defendants introduces novel strategic considerations. As in the standard Condorcet Jury Theorem, we consider large committees with common values and incomplete information. Our main result is that the joint trial by a single committee can aggregate information if and only if the severed trials by separate committees can aggregate information. Specifically, suppose that either for the joint trial or for the severed trials there exists a sequence of equilibria that implements the optimal outcome with probability approaching one as the number of voters goes to infinity. Then a sequence of equilibria with similar asymptotic efficiency exists for the other format. Thus, the advantage of either format cannot hinge on pure information aggregation with many signals.
(This abstract was borrowed from another version of this item.)
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.:
- Bozbay, İrem & Dietrich, Franz & Peters, Hans, 2014.
"Judgment aggregation in search for the truth,"
Games and Economic Behavior,
Elsevier, vol. 87(C), pages 571-590.
- Bozbay Irem & Dietrich Franz & Peters Hans, 2011. "Judgment aggregation in search for the truth," Research Memorandum 040, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Irem Bozbay & Franz Dietrich & Hans Peters, 2014. "Judgment aggregation in search for the truth," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00978030, HAL.
- de Clippel, Geoffroy & Eliaz, Kfir, 2015. "Premise-based versus outcome-based information aggregation," Games and Economic Behavior, Elsevier, vol. 89(C), pages 34-42.
- de Clippel, Geoffroy & Eliaz, Kfir, 2012. "Premise-Based versus Outcome-Based Information Aggregation," CEPR Discussion Papers 8733, C.E.P.R. Discussion Papers.
- Geoffroy de Clippel & Kfir Eliaz, 2012. "Premise-Based versus Outcome-Based Information Aggregation," Working Papers 2012-10, Brown University, Department of Economics.
- List, Christian & Polak, Ben, 2010. "Introduction to judgment aggregation," Journal of Economic Theory, Elsevier, vol. 145(2), pages 441-466, March.
- Christian List & Ben Polak, 2010. "Introduction to Judgment Aggregation," Cowles Foundation Discussion Papers 1753, Cowles Foundation for Research in Economics, Yale University.
- Christian List & Ben Polak, 2010. "Introduction to judgment aggregation," LSE Research Online Documents on Economics 27900, London School of Economics and Political Science, LSE Library.
- Christian List & Ben Polak, 2010. "Introduction to Judgment Aggregation," Levine's Working Paper Archive 661465000000000006, David K. Levine.
- David S. Ahn & Santiago Oliveros, 2012. "Combinatorial Voting," Econometrica, Econometric Society, vol. 80(1), pages 89-141, 01.
- David S. Ahn & Santiago Oliveros, 2010. "Combinatorial Voting," Levine's Working Paper Archive 661465000000000263, David K. Levine.
- Bozbay, Irem, 2012. "Truth-Seeking Judgment Aggregation over Interconnected Issues," Working Papers 2012:31, Lund University, Department of Economics. Full references (including those not matched with items on IDEAS)