University of Surrey

Test tubes in the lab Research in the ATI Dance Research

A note on: Jury size and the free rider problem

Bag, P, Levine, P and Spencer, C (2006) A note on: Jury size and the free rider problem .

Full text not available from this repository.

Abstract

This note reassesses the basic result in Mukhopadhaya (2003) that, when jurors may acquire costly signals about a defendant's guilt, with a larger jury size the probability of reaching a correct verdict may in fact fall, contrary to the Condorcet Jury Theorem. We show that if the jurors coordinate on any one of a number of (equally plausible) asymmetric equilibria other than the symmetric equilibrium considered by Mukhopadhaya, the probability of accuracy reaches a maximum for a particular jury size and remains unchanged with larger juries, thus mitigating Mukhopadhaya's result somewhat. However, the case for limiting the jury size-a recommendation by Mukhopadhaya-gains additional grounds if one shifts the focus from maximizing the probability of reaching a correct verdict to the maximization of the overall social surplus, measured by the expected benefits of jury decisions less the expected costs of acquiring signals.

Item Type: Other
Authors :
NameEmailORCID
Bag, PUNSPECIFIEDUNSPECIFIED
Levine, Pp.levine@surrey.ac.ukUNSPECIFIED
Spencer, CUNSPECIFIEDUNSPECIFIED
Date : 1 December 2006
Depositing User : Symplectic Elements
Date Deposited : 16 May 2017 15:14
Last Modified : 17 May 2017 14:33
URI: http://epubs.surrey.ac.uk/id/eprint/818167

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year


Information about this web site

© The University of Surrey, Guildford, Surrey, GU2 7XH, United Kingdom.
+44 (0)1483 300800