On the merit of non-specialization in the context of majority voting

Research output: Contribution to journalArticlepeer-review

Abstract

This study shows that independence between voters’ skills and states of nature improves the majority voting efficiency relative to the case when such independence does not exist. This implies that specialization (state of nature wise) is not advantageous under the simple majority rule.

Original languageEnglish
Pages (from-to)128-133
Number of pages6
JournalJournal of Mathematical Economics
Volume87
DOIs
StatePublished - Mar 2020

Keywords

  • Binary choice
  • CJT
  • Collective probability
  • Simple majority rule
  • Specialization
  • Voting

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Applied Mathematics

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