We investigate whether the simple plurality rule aggregates information efficiently in a large election with three alternatives. The environment is the same as in the Condorcet Jury Theorem (Condorcet (1785)). Voters have common preferences that depend on the unknown state of nature, and they...

We investigate whether the simple plurality rule aggregates information efficiently in a large election with three alternatives. The environment is the same as in the Condorcet Jury Theorem (Condorcet (1785)). Voters have common preferences that depend on the unknown state of nature, and they...

Managerial remuneration in companies has been a subject of wide academic interest and has been discussed and debated upon, not only in India but across jurisdictions. The determinants of optimum managerial remuneration are not only limited to strict legal or commercial issues, but spread to...