Abstract

This study examines a group performing multiple tasks, with each subgroup performing each task expressed as a binary choice problem. Each subgroup uses the simple majority rule; a correct decision benefits the subgroup. This study demonstrates that, assuming all individuals’ equal competence for all tasks and a sufficiently large group size, when each individual’s probability of making a correct decision exceeds one-half, the optimal group composition is an equal number of individuals per subgroup. Conversely, it is less than one-half, the assignment produces the lowest benefit. We also find that when decision-making costs exist, if the competence is greater than one-half, the possibility that the performance of division of labor outweighs that of plenary voting increases as the cost increases. On the other hand, if the competence is less than one-half, division of labor is always more beneficial than plenary voting. The optimal group compositions for the cases where the group size is not sufficiently large are also discussed.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.