On two properties of the marginal contribution of individual decisional skills

Drora Karotkin; Shmuel Nitzan

doi:10.1016/s0165-4896(96)00834-7

On two properties of the marginal contribution of individual decisional skills

Drora Karotkin
, Shmuel Nitzan

Department of Economics

Research output: Contribution to journal › Article › peer-review

3 Scopus citations

Abstract

Employing the symmetric uncertain dichotomous choice model, we establish in this note two properties of the marginal contribution of an individual's decisional skill to the collective decisional quality. First, this marginal contribution is independent of the individual's decisional skill and, second, it increases with his relative ranking by decisional skill.

Original language	English
Pages (from-to)	29-36
Number of pages	8
Journal	Mathematical Social Sciences
Volume	34
Issue number	1
DOIs	https://doi.org/10.1016/s0165-4896(96)00834-7
State	Published - 1 Aug 1997

Keywords

Dichotomous choice
Group decision making
Marginal contribution of individual decisional skills

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10.1016/s0165-4896(96)00834-7

Cite this

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AB - Employing the symmetric uncertain dichotomous choice model, we establish in this note two properties of the marginal contribution of an individual's decisional skill to the collective decisional quality. First, this marginal contribution is independent of the individual's decisional skill and, second, it increases with his relative ranking by decisional skill.

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KW - Group decision making

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On two properties of the marginal contribution of individual decisional skills

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Keywords

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