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Persistent link: https://www.econbiz.de/10001715451
Group decision making is commonly used in juries, businesses, and in politics to increase the informational basis for a decision and to improve decision accuracy. Recent work on generalizing Condercet's jury theorem provides a compelling justification for using groups in this manner. But these...
Persistent link: https://www.econbiz.de/10014113723
How does the informational role of interest groups interact with institutions in the political control of the bureaucracy? In 1992, Banks and Weingast argued that bureaucrats hold an informational advantage vis-a-vis political principals concerning variables with direct policy relevance, and...
Persistent link: https://www.econbiz.de/10014027713