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Epistemic democracy with defensible premises

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  • Dietrich, F.K.

    (Quantitative Economics)

  • Spiekermann, K.

Abstract

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 also prove a more general and simpler such jury theorem.
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Suggested Citation

  • Dietrich, F.K. & Spiekermann, K., 2010. "Epistemic democracy with defensible premises," Research Memorandum 066, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  • Handle: RePEc:unm:umamet:2010066
    DOI: 10.26481/umamet.2010066
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    References listed on IDEAS

    as
    1. Spiekermann, Kai & Goodin, Robert E., 2012. "Courts of Many Minds," British Journal of Political Science, Cambridge University Press, vol. 42(3), pages 555-571, July.
    2. Feddersen, Timothy & Pesendorfer, Wolfgang, 1998. "Convicting the Innocent: The Inferiority of Unanimous Jury Verdicts under Strategic Voting," American Political Science Review, Cambridge University Press, vol. 92(1), pages 23-35, March.
    3. 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.
    4. Dietrich, F.K., 2008. "The premises of condorcet's jury theorem are not simultaneously justified," Research Memorandum 012, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    5. Lloyd Shapley & Bernard Grofman, 1984. "Optimizing group judgmental accuracy in the presence of interdependencies," Public Choice, Springer, vol. 43(3), pages 329-343, January.
    6. Coughlan, Peter J., 2000. "In Defense of Unanimous Jury Verdicts: Mistrials, Communication, and Strategic Voting," American Political Science Review, Cambridge University Press, vol. 94(2), pages 375-393, June.
    7. Austen-Smith, David & Banks, Jeffrey S., 1996. "Information Aggregation, Rationality, and the Condorcet Jury Theorem," American Political Science Review, Cambridge University Press, vol. 90(1), pages 34-45, March.
    8. Estlund, David M. & Waldron, Jeremy & Grofman, Bernard & Feld, Scott L., 1989. "Democratic Theory and the Public Interest: Condorcet and Rousseau Revisited," American Political Science Review, Cambridge University Press, vol. 83(4), pages 1317-1340, December.
    9. Ladha, Krishna K., 1995. "Information pooling through majority-rule voting: Condorcet's jury theorem with correlated votes," Journal of Economic Behavior & Organization, Elsevier, vol. 26(3), pages 353-372, May.
    10. Christian List, 2005. "The probability of inconsistencies in complex collective decisions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 24(1), pages 3-32, May.
    11. Serguei Kaniovski, 2010. "Aggregation of correlated votes and Condorcet’s Jury Theorem," Theory and Decision, Springer, vol. 69(3), pages 453-468, September.
    12. Ruth Ben-Yashar & Jacob Paroush, 2000. "A nonasymptotic Condorcet jury theorem," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 17(2), pages 189-199.
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    Citations

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    Cited by:

    1. Dietrich, Franz & Spiekermann, Kai, 2012. "Independent opinions? on the causal foundations of belief formation and jury theorems," MPRA Paper 40137, University Library of Munich, Germany, revised Oct 2010.
    2. Hyoungsik Noh, 2023. "Conservativeness in jury decision-making," Theory and Decision, Springer, vol. 95(1), pages 151-172, July.
    3. Franz Dietrich & Kai Spiekermann, 2021. "Social Epistemology," Post-Print halshs-02431971, HAL.
    4. Han, Lu & Koenig-Archibugi, Mathias, 2015. "Aid Fragmentation or Aid Pluralism? The Effect of Multiple Donors on Child Survival in Developing Countries, 1990–2010," World Development, Elsevier, vol. 76(C), pages 344-358.
    5. Pivato, Marcus, 2017. "Epistemic democracy with correlated voters," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 51-69.
    6. Franz Dietrich & Kai Spiekermann, 2022. "Deliberation and the Wisdom of Crowds," Post-Print halshs-03667931, HAL.
    7. Peterson, Mark & Feldman, David, 2018. "Citizen preferences for possible energy policies at the national and state levels," Energy Policy, Elsevier, vol. 121(C), pages 80-91.
    8. Roy Baharad & Shmuel Nitzan & Erel Segal-Halevi, 2022. "One person, one weight: when is weighted voting democratic?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 59(2), pages 467-493, August.
    9. Christian List & Adrian Vermeule, 2014. "Independence and interdependence: Lessons from the hive," Rationality and Society, , vol. 26(2), pages 170-207, May.
    10. Aureli Alabert & Mercè Farré & Rubén Montes, 2023. "Optimal Decision Rules for the Discursive Dilemma," Group Decision and Negotiation, Springer, vol. 32(4), pages 889-923, August.
    11. Addison Pan, 2019. "A Note on Pivotality," Games, MDPI, vol. 10(2), pages 1-8, June.
    12. Joseph McMurray, 2017. "Ideology as Opinion: A Spatial Model of Common-Value Elections," American Economic Journal: Microeconomics, American Economic Association, vol. 9(4), pages 108-140, November.
    13. George Masterton & Erik J. Olsson & Staffan Angere, 2016. "Linking as voting: how the Condorcet jury theorem in political science is relevant to webometrics," Scientometrics, Springer;Akadémiai Kiadó, vol. 106(3), pages 945-966, March.
    14. William J Berger & Adam Sales, 2020. "Testing epistemic democracy’s claims for majority rule," Politics, Philosophy & Economics, , vol. 19(1), pages 22-35, February.
    15. Aureli Alabert & Mercè Farré, 2022. "The doctrinal paradox: comparison of decision rules in a probabilistic framework," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 58(4), pages 863-895, May.
    16. Nehring, Klaus & Pivato, Marcus, 2019. "Majority rule in the absence of a majority," Journal of Economic Theory, Elsevier, vol. 183(C), pages 213-257.

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    More about this item

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • C0 - Mathematical and Quantitative Methods - - General
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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