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Assessing the extent of democratic failures. A 99%-Condorcet’s Jury Theorem

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  • Matteo Triossi

Abstract

This This paper determines the probability a large electorate will take take the correct decision under qualified majority rules. The model allows the competence of each elector to vary with the size of the electorate, thus the results represent a connection between "naive" and "strategic" Condorcet's Jury Theorems. JEL Classification: D72 · H11 · P16. Key words: Condorcet’s Jury theorem, probability of success, naive-strategic connection.

Suggested Citation

  • Matteo Triossi, 2014. "Assessing the extent of democratic failures. A 99%-Condorcet’s Jury Theorem," Documentos de Trabajo 306, Centro de Economía Aplicada, Universidad de Chile.
    • Handle: RePEc:edj:ceauch:306
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    More about this item

    Keywords

    condorcet’s jury theorem; probability of success; naive-strategic connection.;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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