Norges Bank

Working Paper

A quantitative discursive dilemma

Author:
by Carl Andreas Claussen and Øistein Røisland
Series:
Working Paper
Number:
7/2007

Abstract
The typical judgment aggregation problem in economics and other fields is the following: A group of people has to judge (estimate) the value of an uncertain variable y which is a function of k other variables, i.e. y = D(x1,...xk) . We analyze when it is possible for the group to arrive at collective judgments on the variables that respect D. We consider aggregators that fulfill Arrow's IIA-condition and neutrality. We show how possibility and impossibility depend on the functional form of D, and generalize Pettit's (2001) binary discursive dilemma.

Norges Bank’s working papers present research projects and reports that are generally not in their final form. Other analyses by Norges Bank’s economists are also included in the series. The views and conclusions in these documents are those of the authors.

Norges Bank’s Working Papers are also distributed by RepEcSSRN and BIS Central Bank Research Hub.

ISSN 1502-8190 (online)

Published 14 December 2007 11:00
Published 14 December 2007 11:00