Abstract
Consider a committee of experts dealing with dichotomous choice problem, where the correctness probabilities are all greater than 1/2. 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.
Original language | English |
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Pages (from-to) | 83-92 |
Number of pages | 10 |
Journal | Social Choice and Welfare |
Volume | 24 |
Issue number | 1 |
DOIs | |
State | Published - 1 Feb 2005 |
ASJC Scopus subject areas
- Social Sciences (miscellaneous)
- Economics and Econometrics