Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957705 | Journal of Economic Theory | 2007 | 18 Pages |
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
Authors
Yuval Salant,