The generalized homogeneity assumption and the Condorcet jury theorem

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Abstract

The Condorcet jury theorem (CJT) is based on the assumption of homogeneous voters who imperfectly know the correct policy. We reassess the validity of the CJT when voters are homogeneous and each knows the correct decision with an average probability of more than a half.

Original languageEnglish
Pages (from-to)237-241
Number of pages5
JournalTheory and Decision
Volume77
Issue number2
DOIs
StatePublished - Aug 2014

Keywords

  • Average individual probability
  • Condorcet jury theorem
  • Homogeneity assumption

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