Showing 1 - 10 of 205
The paper elaborates the idea that voting is an instance of the aggregation of judgments, this being a more general concept than the aggregation of preferences. To aggregate judgments one must first measure them. I show that such aggregation has been unproblematic whenever it has been based on...
Persistent link: https://www.econbiz.de/10010440448
Does the mere exposure of a subject to a belief elicitation task affect the very same beliefs that we are trying to elicit? Is it theoretically possible to guarantee that this will not be the case? In this paper, we introduce mechanisms that make it simultaneously strictly dominant for the...
Persistent link: https://www.econbiz.de/10012901519
Persistent link: https://www.econbiz.de/10000419871
Persistent link: https://www.econbiz.de/10001010436
Persistent link: https://www.econbiz.de/10011436130
Persistent link: https://www.econbiz.de/10009769023
Experimental economists frequently invoke Adam Smith's notion of sympathy, and experimental treatments typically examine sympathy in situations where two groups are involved. We explore additional implications of sympathy suggested by the work of later classical economists. We link the notion of...
Persistent link: https://www.econbiz.de/10014063202
The objective of this note is to revisit the meaningfulness of the Condorcet Jury Theorem (CJT) and apply it to the recent debate on liberal paternalism and consumer protection. The CJT con-sists of two parts, (a) stating that a jury of experts is always more competent than a single expert given...
Persistent link: https://www.econbiz.de/10011403643
Persistent link: https://www.econbiz.de/10011568264
Persistent link: https://www.econbiz.de/10001572037