Abstract
The main concern of this paper is the selection of optimal decision rules for groups of individuals with identical preferences but diverse and dependent decisional skills. The main result establishes that within the uncertain dichotomous choice situation independent voting is always weakly superior to any pattern of interdependence among individual decisions. For the special class of total interdependence patterns the optimal rule is explicitly identified.
| Original language | English |
|---|---|
| Pages (from-to) | 47-60 |
| Number of pages | 14 |
| Journal | Theory and Decision |
| Volume | 17 |
| Issue number | 1 |
| DOIs | |
| State | Published - Jul 1984 |