The Condorcet Jury-Theorem with Two Independent Error-Probabilities

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German Working Papers in Law and Economics

AUTHOR:
Roland Kirstein

TITLE:
The Condorcet Jury-Theorem with Two Independent Error-Probabilities

SUGGESTED CITATION:
Roland Kirstein (2006) "The Condorcet Jury-Theorem with Two Independent Error-Probabilities", German Working Papers in Law and Economics: Vol. 2006: Article 20.
http://www.bepress.com/gwp/default/vol2006/iss1/art20

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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.