Article ID Journal Published Year Pages File Type
957705 Journal of Economic Theory 2007 18 Pages PDF
Abstract
We establish how large a sample of past decisions is required to predict future decisions of a committee with few members. The committee uses majority rule to choose between pairs of alternatives. Each member's vote is derived from a linear ordering over all the alternatives. We prove that there are cases in which an observer cannot predict precisely any decision of a committee based on its past decisions. Nonetheless, approximate prediction is possible after observing relatively few random past decisions.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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