ナガオカ ナルト
NAGAOKA Naruto 永岡 成人 所属 広島修道大学 経済科学部 職種 准教授 |
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言語種別 | 英語 |
発行・発表の年月 | 2018/08 |
形態種別 | 学術論文 |
標題 | Nonasymptotic Condorcet and Anti-Condorcet Jury Theorems under Strategic Voting |
執筆形態 | 単著 |
掲載誌名 | SSRN Working Paper Series |
掲載区分 | 国外 |
著者・共著者 | Naruto Nagaoka |
概要 | The nonasymptotic Condorcet jury theorem states that, under certain conditions, group decision-making by simple majority voting can decide more efficiently than single-person decision-making, in terms of having a higher probability of choosing the better alternative. Wit (1998) showed that the nonasymptotic Condorcet jury theorem holds under strategic voting in the basic model in which each member receives a binary signal. We examine the robustness of the nonasymptotic Condorcet jury theorem shown by Wit (1998) with respect to the assumptions of information structure. Our main result is that the nonasymptotic Condorcet jury theorem may not hold when the strongest signal that indicates a particular state is realized with probability less than 1/2. We provide a sufficient condition for this anti-Condorcet jury theorem with respect to the prior probability and the likelihoods of signals. |