Dynamically Rational Judgment Aggregation

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See all articles by Franz Dietrich

Franz Dietrich

Paris School of Economics & CNRS

Christian List

LMU Munich; London School of Economics

Date Written: February 2, 2021

Abstract

Judgment-aggregation theory has always focused on the attainment of rational collective judgments. But so far, rationality has been understood in static terms: as “coherence” of judgments at a given time, construed as consistency, completeness, and/or deductive closure. By contrast, this paper discusses whether collective judgments can be dynamically rational, so that they change rationally in response to new information. Formally, a judgment aggregation rule is dynamically rational with respect to a given revision operator if, whenever all individuals revise their judgments in light of some information (a learnt proposition), then the new aggregate judgments are the old ones revised in light of this information, i.e., aggregation and revision commute. We prove a general impossibility theorem: if the propositions on the agenda are sufficiently interconnected, no judgment aggregation rule with standard properties is dynamically rational with respect to any revision operator satisfying some mild conditions (familiar from belief revision theory). Our theorem is the dynamic-rationality analogue of some well-known impossibility theorems for static rationality. We also explore how dynamic rationality might be achieved by relaxing some of the conditions on the aggregation rule and/or the revision operator. In particular, we show that premise-based aggregation is dynamically rational with respect to premise-based revision.

Keywords: Judgment Aggregation, Belief Revision, Static vs. Dynamic Rationality, Premise-Based Rule

JEL Classification: D70, D71

Suggested Citation

Dietrich, Franz and List, Christian, Dynamically Rational Judgment Aggregation (February 2, 2021). Available at SSRN: https://ssrn.com/abstract=3779156 or http://dx.doi.org/10.2139/ssrn.3779156

Franz Dietrich (Contact Author)

Paris School of Economics & CNRS ( email )

48 Boulevard Jourdan
Paris, 75014 75014
France

HOME PAGE: http://www.franzdietrich.net

Christian List

LMU Munich ( email )

Munich
Germany

London School of Economics ( email )

London
United Kingdom

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