Collective intelligence through aggregation
Organizations: We thank two anonymous referees and an editor for very helpful comments.
Abstract
Suppose a committee, expert panel, or other group is making judgments on some issues, where these may be not just yes/no-questions, such as whether a defendant is guilty, but also variables with many possible values, such as macroeconomic or meteorological variables or travel directions. Furthermore, there may be interconnections between different issues, as in the case of economic or climate variables. How can the group arrive at "intelligent" collective judgments, based on the group members' individual judgments? We investigate three challenges raised by this judgment-aggregation problem. First, reasonable methods of aggregation (such as defining the collective judgment for each issue as the average or median judgment) can produce inconsistent collective judgments. Secondly, many methods of aggregation are manipulable by strategic voting. Finally, not all methods of aggregation are conducive to tracking the truth on the issues in question. We prove new impossibility or possibility theorems on all three challenges, identifying what it takes to produce collective judgments in a consistent, non-manipulable, and truth-tracking manner and thereby to achieve collective intelligence through aggregation. Overall, the median method, though imperfect, performs reasonably well. We also note the relevance of our analysis for non-human group decisions.
Figures & tables
| One issue/variable | Many issues/variables | |
|---|---|---|
| Binary judgments | Jury decisions (“guilty”, “not guilty”) | Making yes/no judgments on logically related propositions |
| Non-binary judgments | Evaluating or estimating one issue/variable Choosing a grazing spot, nest site, or travel direction | Estimating interconnected economic or climate variables Assigning probabilities or likelihoods to several events |
| Workforce productivity ( ) (EUR) | Employment level ( ) (number of workers) | GDP ( ) (EUR) | |
|---|---|---|---|
| Expert 1 | 116 thousand | 25 million | 2900 billion |
| Expert 2 | 87 thousand | 39 million | 3393 billion |
| Expert 3 | 106 thousand | 26 million | 2756 billion |
| Median | 106 thousand | 26 million | 2900 billion |
| Average | 103 thousand | 30 million | 3016 billion |
| Expert 1 | True | True | True |
| Expert 2 | True | False | False |
| Expert 3 | False | True | False |
| Majority | True | True | False |