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We consider a superior decision rule for making collective choices. In our framework, the optimal decision rule depends simply on the decision makers’ posterior probabilities of a particular state of nature. In contrast to voting schemes, there is no need to force the decision makers to provide dichotomous information nor to estimate the different abilities of the various decision makers. An important...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.