A Note on: Jury Size and the Free Rider Problem
Parimal Bag,
Paul Levine () and
Christopher Spencer
No 1705, School of Economics Discussion Papers from School of Economics, University of Surrey
Abstract:
This note reassesses the basic result in Mukhopadhaya (2003) that, when jurors may acquire costly signals about a defendant’s guilt, with a larger jury size the probability of reaching a correct verdict may in fact fall, contrary to the Condorcet Jury Theorem. We show that if the jurors coordinate on any one of a number of (equally plausible) asymmetric equilibria other than the symmetric equilibrium considered by Mukhopadhaya, the probability of accuracy reaches a maximum for a particular jury size and remains unchanged with larger juries, thus mitigating Mukhopadhaya’s result somewhat. However, the case for limiting the jury size a recommendation by Mukhoapdhaya gains additional grounds if one shifts the focus from maximizing the probability of reaching a correct verdict to the maximization of the overall social surplus, measured by the expected benefits of jury decisions less the expected costs of acquiring signals.
Keywords: jury size; free rider problem; Condorcet Jury Theorem (search for similar items in EconPapers)
JEL-codes: D7 K4 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2005-11
New Economics Papers: this item is included in nep-law
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://repec.som.surrey.ac.uk/2005/DP17-05.pdf (application/pdf)
Related works:
Journal Article: A note on: jury size and the free rider problem (2006) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:sur:surrec:1705
Access Statistics for this paper
More papers in School of Economics Discussion Papers from School of Economics, University of Surrey Contact information at EDIRC.
Bibliographic data for series maintained by Ioannis Lazopoulos ().