Between the expert and majority rules

DOI10.1239/AAP/1067436329MaRDI QIDQ4454118zbMATH OpenOpenAlexFDO

Authors Daniel Berend, Luba Sapir

Publication date 7 March 2004

Published in Advances in Applied Probability (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1239/aap/1067436329

zbMATH Keywords

decision ruledichotomous choice modelexpert rulemajority rule

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Decision theory (91B06) Voting theory (91B12)

Recommendations

• The optimality of the expert and majority rules under exponentially distributed competence
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• Expert rule versus majority rule under partial information
• Range of Asymptotic Behaviour of the Optimality Probability of the Expert and Majority Rules
• Optimality of the expert rule under partial information

Cites work

• A general theorem and eight corollaries in search of correct decision
• Collective rationality versus distribution of power for binary social choice functions
• Enumeration of Threshold Functions of Eight Variables
• Expert rule versus majority rule under partial information
• Expert rule versus majority rule under partial information. II.
• scientific article; zbMATH DE number 3349081 (Why is no real title available?)
• scientific article; zbMATH DE number 3106184 (Why is no real title available?)
• On the Enumeration of Majority Games
• Optimal Decision Rules in Uncertain Dichotomous Choice Situations
• Optimality of the expert rule under partial information
• Performance evaluation of some special classes of weighted majority rules
• Range of Asymptotic Behaviour of the Optimality Probability of the Expert and Majority Rules
• The network of weighted majority rules and weighted majority games
• The optimality of the expert and majority rules under exponentially distributed competence

Cited in

(22)

• Conditions for the optimality of simple majority decisions in pairwise choice situations
• Robustness of optimal majority rules over teams with changing size
• Optimality among restricted majority decision rules
• The optimality of the expert and majority rules under exponentially distributed competence
• Comparison of the polar decision rules for various types of distributions
• Performance evaluation of some special classes of weighted majority rules
• Majority judgment vs. majority rule
• Committee, expert advice, and the weighted majority algorithm: an application to the pricing decision of a monopolist
• Ranking of decision rules with random power distribution
• Majority vote of even and odd experts in a polychotomous choice situation
• Range of Asymptotic Behaviour of the Optimality Probability of the Expert and Majority Rules
• Ranking of Weighted Majority Rules
• The worst case for decision-making by a majority vote
• Optimality of the expert rule under partial information
• Expert rule versus majority rule under partial information
• Expert rule versus majority rule under partial information. II.
• A general theorem and eight corollaries in search of correct decision
• Partial information on decisional competences and the desirability of the expert rule in uncertain dichotomous choice situations
• The significance of independent decisions in uncertain dichotomous choice situations
• Potential variability of decisional skills in uncertain dichotomous choice situations
• The importance of expertise in group decisions
• Algorithmic calculation of the optimality probability of decision rules

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