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Judgment aggregation in search for the truth
Institution:1. University of Surrey, United Kingdom;2. Paris School of Economics, CNRS, Centre d''Economie de la Sorbonne, 106 Boulevard de l''Hôpital, 75647 Paris Cedex 13, France;3. University of East Anglia, Norwich NR4 7TJ, United Kingdom;4. Maastricht University, The Netherlands
Abstract:We analyze the problem of aggregating judgments over multiple issues from the perspective of whether aggregate judgments manage to efficiently use all voters' private information. While new in judgment aggregation theory, this perspective is familiar in a different body of literature about voting between two alternatives where voters' disagreements stem from conflicts of information rather than of interest. Combining the two bodies of literature, we consider a simple judgment aggregation problem and model the private information underlying voters' judgments. Assuming that voters share a preference for true collective judgments, we analyze the resulting strategic incentives and determine which voting rules efficiently use all private information. We find that in certain, but not all cases a quota rule should be used, which decides on each issue according to whether the proportion of ‘yes’ votes exceeds a particular quota.
Keywords:Judgment aggregation  Private information  Efficient information aggregation  Strategic voting
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