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Randomly Selected Representative Committees

Michael J. Hasday, Josep E. Peris and Begoña Subiza
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Michael J. Hasday: Anderson & Ochs, LLP.

No 19-4, QM&ET Working Papers from University of Alicante, D. Quantitative Methods and Economic Theory

Abstract: When selecting a committee that decides for an entire body of members of a society (a court, legislature, etc.) two main methods are used: random assignment and direct election (whereby the latter method is made by some authority). It is known that both methods have some flaws (Hasday, 2017). We present a new method that proposes a pool of committees so that by randomly selecting a committee within this pool, all members in the society have equal opportunities of being selected and properties of representativeness and coherence are fulfilled.

Keywords: Representative Committee; Panel Assignment; Institutional Design; Random Assignment; Outlier Panel (search for similar items in EconPapers)
JEL-codes: D63 D71 K40 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2019-09-06
New Economics Papers: this item is included in nep-mic
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Persistent link: https://EconPapers.repec.org/RePEc:ris:qmetal:2019_004

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