The Condorcet Jury-Theorem with Two Independent Error-Probabilities

Roland Kirstein

No 2006-03, CSLE Discussion Paper Series from Saarland University, CSLE - Center for the Study of Law and Economics

Abstract: The Condorcet jury-theorem is derived from the implicit assumption that jury members may only commit one type of error. In binary decision situations however, two error types may occur, the probability of which is independent of each other. Taking this into account leads to a generalization of the theorem.

Keywords: Group decisions; judicial; imperfect decision-making (search for similar items in EconPapers)
JEL-codes: D71 K40 L22 (search for similar items in EconPapers)
Date: 2006
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Working Paper: The Condorcet Jury-Theorem with Two Independent Error-Probabilities
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:csledp:200603

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