Changes

Size of Committees Under Outside Influence

101 bytes removed, 22:37, 27 November 2015
/* Saptarshi P. Ghosh, Peter Postl, Jaideep Roy */
===='''Saptarshi P. Ghosh, Peter Postl, Jaideep Roy'''====
'''<span style="text-decoration: underline;">Abstract</span>: '''The paper studies the impact of biased influence on the returns from increasing the sizeof a committee. We show that when the chance of preference misalignment between source of influence and voters is low, committee size is irrelevant and a small committee with the minimum number of just three voters generates the same probability of correct decision making as any larger electorate. On the other hand, in settings with a high chance of preference misalignment, the smallest committee size needed to maximize this probability increases with the precision of voters private signals.
 
 
[index.php?action=ajax&title=-&rs=SecureFileStore::getFile&f=/9/91/Econ_SNU_WP1.pdf Download File]
Bot
51
edits