There is a large body of research studying the conditions under which majority decisions are best. In particular, in many circumstances, the probability of a group to decide correctly is higher than that of a random subgroup. Moreover, the latter probability increases as the subgroup size grows....

Existing proofs of Condorcet's Jury Theorem formulate only sufficient conditions for its validity. This paper provides necessary and sufficient conditions for Condorcet's Jury Theorem. The framework of the analysis is the case of heterogeneous decisional competence, but the independence...

Influence of functioning of the international transport corridor Europe - Asia on ecology of Ukraine and measures which allow to reduce influence of transport on an environment is considered in this articl. It is possible to make users bear certain environmental costs resulting from their use of...

Consider a committee of experts dealing with dichotomous choice problem, where the correctness probabilities are all greater than [InlineMediaObject not available: see fulltext.] We prove that, if a random subcommittee of odd size m is selected randomly, and entrusted to make a decision by...

We give simple, sharp non-asymptotic bounds on the mean absolute deviation (MAD) of a Bin(n,p) random variable. Although MAD is known to behave asymptotically as the standard deviation, the convergence is not uniform over the range of p and fails at the endpoints. Our estimates hold for all...