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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8733 |
DP8733 Premise-Based versus Outcome-Based Information Aggregation | |
Kfir Eliaz; Geoffroy de Clippel | |
发表日期 | 2012 |
出版年 | 2012 |
语种 | 英语 |
摘要 | A group of rational individuals with common interest need to select one of two outcomes. The optimal decision depends on whether certain premises or pieces of evidence are established as being true, and each member receives a noisy signal of the truth value of the relevant premises. Should the group reach a decision by voting whether each premise is true or false, or should they simply vote on the outcome? We show that for any finite number of individuals, the premise-based voting rule is more efficient in aggregating information than the outcome-based rule. However, generically, the gain from using the premise-based over the outcome-based rule can only be marginal when numerous individuals express independent opinions. Indeed, the outcome-based game is almost always asymptotically efficient. |
主题 | Industrial Organization |
关键词 | Common interest Discursive dilemma Doctrinal paradox Information aggregation Voting |
URL | https://cepr.org/publications/dp8733 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537569 |
推荐引用方式 GB/T 7714 | Kfir Eliaz,Geoffroy de Clippel. DP8733 Premise-Based versus Outcome-Based Information Aggregation. 2012. |
条目包含的文件 | 条目无相关文件。 |
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